In this episode we have some fun and share forecasts and ideas for what we expect to see in 2021

1) Multiple Ways to Win - there will be many different wants for companies and investors to profit in the new year

2) 2021 will be the "Year of Catalysts"

- Potential for new states like New York to flip to rec (also RI, CT, NM, VA)

- Markets transitioning to adult-use: AZ & NJ

- Existing markets having organic growth: MI, FL, IL, PA

- Medical markets opening up or issuing lics: GA, TX, MS

- Potential for political tailwinds if Dems win both senate seats: SAFE and uplisting

3) Volatility + Exercise Caution

- Investors have been spoiled by this bull market

- Keep some cash, stay hedged and be prudent

- Expect bumps along the way

4) Stay Flexible - things change quickly

- investors will need to learn on the fly as the market evolves

- your 2020 playbook that succeeded may need to change for 2021

- higher valuations mean investors need to be more selective and smarter

5) The Great Separation Continues

- Which markets will continue to outperform and why?

- Why will losing markets continue to struggle?

6) The Big 4 is no more

- The big 4 MSOs is an antiquated concept

- Introduction of Verano creates a big 5

- But in reality there is a big 10 already: AYR, Columbia Care, Ascend Wellness, Jushi & TerrAscend

- Investors will have to adapt to these new names which will create opportunity

- Where we see value and what we like

7) Scale will be more important 

- As capital is readily available and legalization accelerates the game has changed

- Shift from pure focus on profitability to having the footprint to be a significant player