Multi-state operators (MSOs) are the new LPs on Bay St. But like LPs, not all are equal. Being in multiple states with vertically integrated licenses doesn’t mean you’re a guaranteed winner. The level of DD required is much higher and more nuanced than LPs. Do your homework 🇺🇸
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@StoicAdvisory And let's not forget each state is an island. We've seen a couple of examples of MSOs moving product fro one to another with drastic consequences. Federal prohibition ending will change things for MSOs, but we aren't there yet...
@StoicAdvisory @davidhyde2 State to state is so different