They said this trend would be driven by more capital and slow regulatory reform.
who collectively invested $925.8 million into the industry in 2021. We asked them about what we should expect over the next year. Seven of them told us they predicted a rise of mergers and acquisitions. Here's why. Nico Richardson, an AFI Capital Partners managing director, told Insider he expected consolidation in the cannabis industry to accelerate this year.
"A common quote for cannabis has been: 'A rising tide lifts all boats,'" Paxhia said."We think 2022 is more likely to be, 'A rising tide lifts seaworthy boats.'" Some venture capitalists told Insider that slow regulatory changes at the federal level may also have a large hand in pushing companies to make deals in the space. could help cannabis companies access banks — but despite large bipartisan support in the House of Representatives, the bill hasn't passed the Senate.
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