5 ms·
I had assumed big tobacco and alcohol companies were ready to step in and crush all these mom and pop weed ops the second we had federal legalization. Especiall
by bagacrap 5y ago
I had assumed big tobacco and alcohol companies were ready to step in and crush all these mom and pop weed ops the second we had federal legalization. Especially tobacco since cigarette usage is on the decline.
- jasonwatkinspdx 5y agoI think it's harder than you might assume for big businesses to move into new business areas, especially if it requires cannibalizing their existing revenue streams. That's a story we've seen over and over right? Big businesses today tend to not innovate themselves and instead expand into new markets via acquisitions, but how many pot business owners do you think are interested in selling to those megacorps vs running their own show and continuing to make bank?