All Other State Cannabis Opportunities

Cannabis Business Opportunities in Other States

If you are interested in building a cannabis business in a state that doesn’t have its own page, we can still help you.

These states are currently less active than others with heavy activity from emerging or expanding programs, but we can help you navigate and evaluate opportunities that do exist in these markets.

We have helped successful clients in 29 states across the country — from Alaska, Nevada, Texas, and Arkansas, to Iowa, Maryland, Delaware, Rhode Island, and beyond. Our team members constantly travel to states across the U.S. to work with clients, meet with regulators, speak at industry events, and stay up-to-date on industry changes.

Contact us today for current market opportunities, hourly consulting, learning sessions with our subject matter experts, and to develop your cannabis business from concept to operation.

Plenty of Cannabis Business Opportunity

"The industry is about 5% of where it eventually will be."
-Jay Czarkowski, Founding Partner

Patient counts are steadily -- and sometimes rapidly -- increasing in medical marijuana markets, and a growing number of states are looking to implement adult-use programs.

Each state has its own set of regulations, which can make entering the industry a daunting, confusing, and risky venture. Our experts guide cannabis entrepreneurs on where to start and how to succeed in this highly-regulated industry.

How We Help Cannabis Entrepreneurs

Identifying opportunities and leading you through evolving stages of state cannabis program development

The states without separate pages at this time fall into these categories:

IMPENDING MARKETS

Cannabis legislation or ballot initiatives are in their very early stages and will most likely see programs take shape or have Requests for Applications released within one year.

What You Can Do Now:
Self-education and beginning your pre-license positioning early will give you a competitive advantage in these upcoming state markets.

How We Can Help Now:
Financial Modeling, Opportunity Assessment and Business Planning, Facility Design, and Learning Sessions with our Subject Matter Experts

ESTABLISHED / MATURE MARKETS

These states already have an established, operational cannabis program, either medical and / or adult-use.

What You Can Do Now:
The best route for acquiring a business license in these state markets is to buy an existing one or to find a supportive locale currently issuing permits.

How We Can Help Now:
Start-Up Services, Operations Readiness, Business Growth & Optimization, and Exit Strategy planning

LIMITED / INACTIVE MARKETS

These states have a very limited medical cannabis program, or no program or activity, at all.

What You Can Do Now:
The best way to get involved in an inactive state is to participate in or initiate advocacy efforts. Educating yourself about your state's current cannabis legislation and staying up-to-date on any potential program progress will also benefit you and give you a head start when activity does start up.

How We Can Help Now:
Market Overview and Learning Sessions with our Subject Matter Experts

U.S. Cannabis Industry Projections

Growth in Industry Spending

U.S. Medical Market Combined Spending:

2017: $5.3 billion

2022: $7.7 billion

U.S. Adult-Use Market Combined Spending:

2019: $4.7 billion

2022: $7.6 billion

Emerging Medical Markets Combined Spending (2017-2022):

2017: $291 million

2022: $3.6 billion

Emerging Adult-Use Markets Combined Spending CAGR (2017-2022):

28 %

The Canna Advisors team of experienced cannabis consultants can prepare you to take advantage of cannabis industry business opportunities and guide you through a daunting series of strategic choices for your business. Contact us today to get started. Your success is our focus.

Source: 'The State of Legal Marijuana Markets' by Arcview Market Research / BDS Analytics, 6th Edition.

YOUR BUSINESS SUCCESS IS OUR FOCUS.

Lean on our proven expertise and successful track record to start or expand your cannabis business.

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