Beware of the Cannabis Bubble: Lessons Learned from the Crypto Bubble

Michael James wrote a great article today on the dangers of the current cannabis bubble, and lessons that can be learned from the crypto bubble. Some quick highlights are:

  • Capital Building: Disclose, disclose, disclose all risks, and use a lawyer to make sure that you follow the rules

  • State Regulations: Follow the rules and actively work with the state regulators to create the regulatory framework that makes sense for your business.

  • Police the Industry: Report bad actors - they are reducing your capital valuation and growth opportunities

Surviving the Cannabis Bubble: Lessons Learned from the Crypto Bubble