Consolidation is evolution, not failure. Those willing to embrace it will define the future of the sector

M&A activity in the medicinal cannabis space is not just inevitable, but necessary, argue Daniel Baohm and Alex Berezner from corporate advisory Palomar Group. The result – if done right – will see investor confidence, and capital, return to the sector and ensure a prosperous future for a smaller number of players

In 1999, at the height of the dot.com boom, thousands of internet companies were funded within the space of a few months.