Aurora's CEO Makes a Gloomy Prediction for the U.S. Pot Market
With more than two-thirds of Americans supporting marijuana legalization, it feels like it's only a matter of time before pot is federally legalized in the U.S. When that happens and cannabis can freely cross state lines, significant growth opportunities for the industry and the companies operating within it will appear.
But that doesn't mean legalization will be a smooth ride for everyone, or that it will simply translate into more revenue for the already-large cannabis producers in the country. There will definitely be growth, no doubt, but Aurora Cannabis (NYSE: ACB) CEO Miguel Martin recently cautioned investors that there could be significant challenges that come with legalization.
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Source Fool.com
