As Cannabis legalization sweeps the United States, companies in the industry are quickly realizing they have one major problem; they can't keep up with all the demand. A large cause of this supply chain issue is the licensing needed to operate within every step along the way.
Without the proper licensing, the grower cannot extract their cannabis into concentrated oils to go into vape cartridges, the extractor and vape filler cannot distribute their product to dispensaries, and dispensaries cannot do anything except purchase cannabis products directly from one of the licensed distributors.
The only way to be able to grow without complete reliance on 3rd party suppliers is to obtain every single piece of licensing across the entire supply chain. While this is an expensive, difficult, and time-consuming process, it's exactly what is required to survive and thrive for the long term in cannabis, and it's exactly what Vertical Companies has spent the last 5 years doing.
Vertical Companies was founded with the belief and understanding that to be successful in Cannabis for the long term, you need to control your supply chain. No matter how popular your stores, brands, or products get, if you don't have the supply chain set up to grow with the demand, you're doomed from the start.
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