©2026 Incunabulum LLC. All rights reserved. mg Magazine is a registered trademark of Incunabulum LLC. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission.
Myles Mayfield
Vertical Integration Is an Oversupply Hedge, Not a Margin Play
Vertical integration often is sold as a margin strategy, but its greater value may appear when cannabis supply exceeds demand. Operators that control cultivation and retail gain shelf certainty, direct visibility into customer demand, and a longer planning horizon. Those protections don’t eliminate oversupply risk, but they can help keep a temporary mismatch from becoming a survival crisis.






