California-based consultant Avis Bulbulyan said Nevada “killed it” in terms of time to market. “Nevada from the beginning decided, ‘We’re getting into the business of cannabis,’” he said. “They just embraced the idea.”
Bulbulyan echoed Sederberg’s point about participating in the rulemaking process.
“The regulators are as hungry for information as anybody else,” he said. “If you don’t get involved and you simply wait for the state to roll out the program, you’re going to be dealing with regulations that you had zero influence over,” he said. “It’s not necessarily about who can cut the biggest check, it’s about who can provide the most valuable advice and guidance.”
In the article, Bulbulyan agreed, predicting “You’ll still see a lot of the same funding sources but they’re going to be much more diligent and cautious with their dollar.”