full story: https://insights.som.yale.edu/insights/is-cannabis-good-investment

As cannabis goes mainstream as a business opportunity, it’s easy to forget that just a few years ago, the industry was too risky for many investors. One company that got in early and has helped bring cannabis out of the shadows is Privateer Holdings, founded by Yale SOM graduates Brendan Kennedy ’05 and Michael Blue ’05. In an interview with Yale Insights, Kennedy says that cannabis will become more and more like other products as legalization expands, but that there are still huge risks ahead for the budding industry.
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