Winners and losers in the cannabis market, Forecast for the next decade
Presentation of Dr. Tamir Gedo on Cannafest Prague 2015. The lecture is in the original version. Brief synopsis can be found in the description below.
The Cannabis industry is one of the most promising emerging industries in this decade and has the potential to disrupt a number of industries including the pharmaceutical industry, medical foods, dietary supplements and cosmetics industry.
As with all emerging industries, the right rules of the game are still not formed, and the companies and entrepreneurs quickly try to jump on the bandwagon and take advantage of the first mover, while shooting in all directions in order to reach a winning business model.
But like every emerging industry throughout history, after the dust sinks and the right business strategies begin to materialize, we will eventually realize that the most of the first generation of companies and entrepreneurs gambled on the wrong business model – and they would discover too late that they lost the revolution (and their money).
In this presentation we will try to map out the leading strategies for the cannabis industry and to use the lessons of the past from various industries to anticipate the strategies that will enable entrepreneurs to safely navigate the turbulent industry ocean in order to build companies that will lead the industry in the future.
Your are cordially invited to the annual conference at Cannafest, the international trade fair of cannabis and medical herbs that will take place on November 11-13, 2016 at the Prague Exhibition Holesovice. The conference presentations will be simultaneously interpreted into English and Czech.