Growing Cannabis Industry Creates Space for New Strategies
CannabisNewsWire Editorial Coverage: As the cannabis industry continues to grow, companies are using a variety of strategies to secure their places within the sector. The cannabis sector, currently worth over $9 billion in North America, is expected to hit $57 billion globally by 2027. This growth is being fueled by changes in the legal climate and a range of business strategies. These strategies range from R&D focus to M&A, vertically integrating supply channels in the process. Youngevity International, Inc. (NASDAQ: YGYI) (YGYI Profile), a relative newcomer to the sector, is bringing its vertically integrated strategy from the coffee market to…