This week, I wrote about recent signs that large Alcohol & Tobacco (A&T) companies are getting serious about entering the cannabis space through 1) leveraging their fortress balance sheets to buy ‘good’ cannabis companies cheap and; 2) using their lobbying skills & war chest for regulatory capture.
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Part 2: Alcohol & Tobacco Recircle Cannabis
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This week, I wrote about recent signs that large Alcohol & Tobacco (A&T) companies are getting serious about entering the cannabis space through 1) leveraging their fortress balance sheets to buy ‘good’ cannabis companies cheap and; 2) using their lobbying skills & war chest for regulatory capture.