Cannabis executives, professionals and financiers can expect 2020 – and the rest of the new decade – to have at least as much impact on their businesses as any year in the past 10.

New legal recreational and medical cannabis states have come online – or are poised to – in Illinois and Michigan as well as unexpected markets such as Missouri and Arkansas.

And then there’s the real prospect in 2020 that voters and/or lawmakers in Northeast states such as New Jersey, New York, Pennsylvania and Rhode Island will approve recreational markets.

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Does Your Cannabis Business Qualify For Trademark Protection? The Answer Is Most Certainly “Yes!”

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Eaze’s 2019 State of Cannabis Report saw an increase of Gen Z and Baby Boomer customers on the platform in addition to a decrease in vape sales, likely due to the vaping-associated pulmonary illness that emerged last year.

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Cannabis sales have increased substantially in the last few years, but so has the competition with more growers, retailers and other entrepreneurs vying for a stake in the “green rush.” At the same time, an oversupply of marijuana and the cost of operating in this highly regulated industry are taking their toll.

Click the link in bio to read industry executive predictions for top trends for 2020.

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What will be the tipping point when it comes to federal action? The real unknown is whether the federal government will be a major player in the industry’s success, or if individual states and regions will continue to lead the charge.

Looking at the year ahead, here are six questions we should be asking about the future of the cannabis industry.

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The U.S. Supreme Court’s decision this week not to consider a Colorado Supreme Court ruling on a tax fine – coupled with dissenting opinions in a recent case involving a California medical marijuana company – could have significant ramifications for the cannabis industry, according to tax experts.

The two rulings together appear to have somewhat weakened 280E, which potentially is good news for the cannabis industry. Click link in bio to find out why.

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More than 40 U.S. states could allow some form of legal marijuana by the end of 2020, including deep red Mississippi and South Dakota — and they’re doing it with the help of some conservatives.

State lawmakers are teeing up their bills as legislative sessions kick off around the country, and advocates pushing ballot measures are racing to collect and certify signatures to meet deadlines for getting their questions to voters.

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While not set in stone yet, a proposed overhaul of California’s marijuana regulatory and tax collection system could mean far less headaches for licensed cannabis companies in the state.

It could also indicate there’s more legislative help on the way in 2020 for California’s struggling legal marijuana market.

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This week, a bipartisan group of lawmakers introduced a bill that would order the FDA to allow the marketing of CBD—otherwise known as cannabidiol—as a dietary supplement and food additive. That would remove a regulatory roadblock that some CBD specialists blame for slowing their sales growth.

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Up to a dozen states could legalize adult-use or medical marijuana in 2020 through their legislatures or ballot measures, although only about a handful will likely do so.

Much of the cannabis industry’s focus will hone in on a possible recreational marijuana domino effect along the East Coast, which could create billions of dollars in business opportunities.

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