Ever wonder why Trulieve Cannabis (OTC:TCNNF) has focused most of its resources on dispensaries in Florida, while Green Thumb Industries (OTC:GTBIF) chose to vertically integrate and cement its foothold on the marijuana market in its home state of Illinois? The answer has to do with the federal illegal status of cannabis, and the fact that states have different rules and regulations surrounding recreational and medical uses of the drug. Horizontal integration and running cannabis operations in various states can be a perilous (and expensive) venture.
Dr. Chanda Macias is a medical cannabis advocate, research, and dispensary owner. She joined Olivia Zitkus and Corinne Cardina of the Healthcare and Cannabis Bureau on a March 19 episode of Fool Live to discuss her priorities for manufacturing and distributing cannabis and the complicated nature of the industry’s supply chain.
Olivia Zitkus: I want to turn to the supply chain in cannabis and operations a little bit. You’re a pro at this, you have an MBA alongside a PhD, which I think is just awesome. So I want to talk to you a little bit about opening a dispensary on the ground, and why the supply chain is so important, and how