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Organizations
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Locations
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Quotes

Document Information

Type: Investment report / market analysis
File Size: 1.97 MB
Summary

This document is page 44 of a Cannabis Investment Report published by Ackrell Capital in December 2017. It analyzes the 'Distribution Outlook' for the cannabis industry, discussing tax issues, regulatory challenges in states like Colorado, California, and Nevada, and compares US distribution models to international markets like Germany and Uruguay. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was likely produced as evidence for a congressional committee.

Timeline (2 events)

2018
California’s new cannabis regulatory agency begins oversight and enforcement efforts
California
Unspecified (Past)
Legal recreational cannabis sales commenced causing product sell-out within 48 hours
Nevada

Key Quotes (4)

"Tax Issues Related to Distribution. States and localities that legalize cannabis are focused on the potential to generate tax revenue from the industry."
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Quote #1
"However, oversaturation in the number of dispensaries in certain jurisdictions, such as Colorado, has led to a very competitive environment, consolidation and moratoriums on issuing new local dispensary licenses by various municipalities."
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Quote #2
"For example, the number of dispensaries operating in the greater Los Angeles region is expected to decrease significantly in the short term as California’s new cannabis regulatory agency begins its oversight and enforcement efforts in 2018."
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Quote #3
"In certain legalized international markets, such as Germany and Uruguay, cannabis products are sold primarily through existing pharmacy networks"
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Quote #4

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