Cannabis growth increased from 22% before COVID-19 to 35% today as it has been deemed an essential service during the pandemic.
Growth opportunities exist in the non-smokables category including edibles and beverages.
Dispensary businesses have been disrupted as have supply chains in many industries.
Valuations have decreased by 20% and the funds sought by startups are down by 50% since COVID.
Cultivation is becoming standardized and turning into a commodity.
TEN Capital recently interviewed investors and industry experts in the cannabis market to understand the impact of COVID-19 on the cannabis market. TEN Capital held interviews and posted the recordings on its podcast, Investor Connect.
In the following eGuide, we have compiled the key takeaways from these discussions.