Planet 13’s Robert Groesbeck Shares Outlook on Nevada’s Adult-Use Market
In 2018, cannabis spending at U.S. dispensaries topped $10.5 billion.
For the year ahead, global cannabis sales are expected to surge more than 39% to $17 billion.
But, as I’ve so often said, this is just the beginning.
By 2030, the U.S. cannabis market is expected to be worth $80 billion. And the global market will be worth upward of $500 billion.
So there’s a considerable amount of growth ahead…
Of course, consumers need somewhere to purchase all of this cannabis – both recreational and medical. This is why we’ve seen a rapid expansion in dispensaries. They’re vital in the U.S. market.
And my guest in today’s episode – Robert Groesbeck, co-CEO of Planet 13 Holdings (OTC: PLNHF) – has plenty of experience running a successful retail operation.
Planet 13 has the distinction of operating the largest dispensary in the world – what’s commonly referred to as the Superstore.
Groesbeck shares with us what makes the modern dispensary experience so important to the cannabis consumer, as well as his thoughts on on-site consumption lounges, the future of the Nevada market, consumer trends and more.
This is an interview investors shouldn’t miss!
Beyond the U.S.: Cannabis Investors Need to Think Bigger
December 17, 2020
What the Future Holds for the CBD Market
November 2, 2020
How Cannabis Companies Are Faring in the Wake of the Pandemic
August 18, 2020