How To Get In Touch With The 5 Biggest Cannabis Operators In The US

While there’s no doubt that the federal legalization of would make the industry explode, current trends shouldn’t be underestimated.

U.S. cannabis sales are projected to surpass a whopping $57 billion by 2030 in currently legal states, according to New Frontier Data in partnership with FTI Consulting. Should another 18 states legalize cannabis, that figure would climb to above $72 billion.

Despite so many legalization efforts, and the recent introduction of a comprehensive federal cannabis reform proposal, many industry experts believe that the bill’s chances of becoming law are slim. However, many observers seem to agree that the Act, a bill that would enable marijuana businesses to access banking services, has the best chances at passing the Senate and ending up on President Joe Biden’s desk.

Reports of the long-awaited legislation being introduced sent cannabis stocks soaring. The passage of the Act would likely have a similar effect on pot stocks. What’s more, it would definitely make a historic impact on the industry, which currently struggles with access to banking.

So, who are the biggest players in the U.S. cannabis game? The top five U.S. cannabis operators by market capitalization include Curaleaf (OTCQX: CURLF), Trulieve (OTCQX: TCNNF), Green Thumb Industries (OTCQX: GTBIF), Verano (OTCQX: VRNOF) and Cresco Labs (OTCQX: CRLBF). 

Executives from all five of these MSOs will be speaking this year at the Benzinga Cannabis Capital Conference in Chicago. If you'd like to learn more about the booming marijuana industry, then mark your calendar for Sept. 13 and 14, and learn from the best.

Until then, let’s take a closer look at these industry leaders, and their market caps, right now: 

1. Curaleaf, $4.25 billion  

The Wakefield, Massachusetts-based cannabis operator has operations across 22 states and runs 134 dispensaries and 26 cultivation sites. Curaleaf’s focus is on highly populated states, such as Arizona, Illinois, Florida, Massachusetts, Pennsylvania, New Jersey and New York.

Its most popular brands are Curaleaf and Select, which recently launched "The Farmer's Select" program (limited-edition collaborations with licensed legacy farmers and diverse operators in California).

The company also has operations abroad, with Curaleaf International being considered the biggest vertically integrated cannabis company in Europe. In June, Curaleaf International's Medalchemy, GMP certified manufacturing site in Alicante, Spain received approval from the Spanish Health Authorities to begin operating out of its newly built extract manufacturing site and microbiological testing laboratory. In this way, the …

Full story available on Benzinga.com

How To Get In Touch With The 5 Biggest Cannabis Operators In The US on Benzinga