Startups win, large companies fail in marijuana equipment race
Uncertainty concerning marijuana’s legal status all over the United States has resulted in a delightfully hodgepodge industry where entrepreneurs and innovators rule.
There are none of the big brand pharmaceutical companies and name brand manufacturers.
Research universities are not active due to absence of federal funding. The small cannabis businesses, nicknamed “cannabusinesses” are making money in a field where marijuana’s uncertain status means no bank or government approved finance body will provide credit.
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