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TheWeedCFO Profile picture
TheWeedCFO
@TheWeedCFO
Anonymous cannabis company CFO. I definitely get high on my own supply.
Jul 18, 2023 • 9 tweets • 2 min read
(1/9) Weed is legal in Thailand and locals are complaining.

Why?

Because the market is flooded with American products.

And that won’t change, because the US has a massive, defensible moat.

Let me explain. (2/9) BDS Analytics estimates global Cannabis sales this year will be $230 billion (95% of it illegal).

For context, that’s smaller than Wine (~$300 billion) but already much bigger than Coffee (~$100 billion).

As countries begin to legalize that number will grow.