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Prof G Markets: The Failure of FTX, Why HBO Will be Acquired, and the Cannabis Industry
The Prof G Pod with Scott Galloway
Marijuana Is a Growth Segment, Not a New Company Opportunity
The company most associated with this space is Grow Generation, which has touted its sales to the marijuana industry. After several years of triple-digit revenue growth, Grow Generation's most recent quarter posted a 39 percent year-over-year decline. The good news is that was better than expectations, and the stock was actually up on the announcement. Some people are making money in this space; it's tough going.
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