You are here
Home 🌿 Marijuana Business News 🌿 The Bulldog: Building a Global Brand in the Cannabis Industry 🌿The Bulldog: Building a Global Brand in the Cannabis Industry
As a consequence of the rapid expansion of the cannabis industry, competitive pressures have risen. Today, entry barriers faced by new companies interested in the cannabis industry are falling, but there is no guarantee that this will continue into the future. And current cannabis industry participants know it.
Take, for instance, the recently failed industry-sponsored legalization initiative in Ohio earlier this month, which was driven by the backlash from pro-legalization supporters who voted against the issue because the of bill’s stipulations allowing the development of a state-protected oligopoly of 10 companies as opposed to a more open cannabis market.
For these 10 companies, this entry barrier-creating strategy was unsuccessful and it isn’t likely to be replicated in the future. Luckily for these market participants, using regulations to create entry barriers is not the only way to protect against increased competition.
A more successful and socially acceptable means to create entry barriers is...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin