Cannabis CPA Carves Out Investment Research Niche

Matthew Karnes suggests ancillary businesses, not growers.

By Liz Gold

By 2022, Matthew Karnes, CPA, said he expects every state in the country will have implemented either a medical-only or a fully legal cannabis market to reach $35 billion in retail sales.

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Karnes, who is the founder of GreenWave Advisors, talked about his projections for the industry’s growth in the opening keynote for the NYSSCPA Cannabis Conference.