Advocating for low regulation, and low cost of entry, but high competition in a small market for marijuana

September 20, 2023 Discipline: Business and Management

Part 1: Background Research

Conduct research on the cannabis industry, including its current regulatory landscape, market trends, and key players.

Draw from Scott Redman’s insights.

Part 2: Argument Development

Develop a clear and concise argument supporting your chosen option.

Consider the implications of your choice for businesses operating in the cannabis industry, consumers, and regulatory bodies.

Discuss the potential advantages and disadvantages of your chosen approach.

Ensure your argument is grounded in facts and supported by data where available.

Part 3: Recommendations

Provide strategic recommendations for entrepreneurs and businesses based on your chosen approach.

Discuss potential challenges and opportunities they may encounter.

Consider the long-term sustainability and growth prospects for businesses under your recommended approach.

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