5 cannabis trends to watch for in L.A. in 2022 – Los Angeles Times

Consolidation is coming

Expect the flurry of mergers and acquisitions that defined the cannabis space last year to continue — if not accelerate — in 2022, especially at the individual dispensary level.


For Subscribers

The top 10 brain-bending, soul-satisfying experiences for when you’re high in L.A.

Pair a little pot with these activities to see the city through new (if bloodshot) eyes.

“I really think that the small [retail] operators have just been kind of holding on for dear life,” said Rama Mayo, the co-founder of a downtown L.A. cannabis-business hub called Green Street and the Hall of Flowers trade show. “Their retail valuation is low, there are the costs associated with a bricks-and-mortar space, and I think we’re going to see M&A among the big guys, which will lead to smaller operators doing the same thing. Cultivation will merge with distribution, which will merge with a brand house, or three single dispensaries will band together under one banner.”

Mayo said he sees a future where cannabis retail looks very different.

“Maybe not this year, but in a couple of years,” he said, “there will be three options to buy weed: a BevMo! kind of

Read More Here…

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Bud Digest

Scroll to Top