The cannabis industry is still hampered by a lack of experienced business leaders and the high costs of prohibition, according to leading US analysts, but there’s never been a better time to invest.

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Speaking at Prohibition Partners Live, founder of GreenWave Advisors Matt Karnes said the industry was starting to build legitimacy after a period when business leaders with “any kind of pedigree” were reluctant to join the sector because they weren’t prepared to risk their reputations.

Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...