Pot Companies Need Discipline Amid Policy Inertia: The Dose

This week, the Dose talks to Kenneth Shea, a senior equity analyst for Bloomberg Intelligence who covers the beverage, tobacco and cannabis industries. Shea has been covering consumer products as an equity analyst at BI for 14 years, and prior to that was an equity and credit analyst at Standard & Poor’s. He began covering the cannabis industry for BI in 2018 — well before the group captured Wall Street analysts’ attention.

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The list of challenges that cannabis companies face is daunting, from deadlocked policy to slumping prices for marijuana. That has hit share values of publicly traded cannabis companies, ...