The cannabis industry had a momentous year in Hemp-derived CBD had a heydayIllinois made historyCalifornia got stickyvapes were flung into fluxand North American cannabis companies received some harsh wake-up calls. Other states are inching closer to legalization this year — with several mulling how best to ensure social equity. The tumultuous past few months have set up to be a make-or-break year for some of the biggest in the business as well as the scores of lesser-known players priming to make their moves. A total of 33 states have legalized cannabis for medical purposes. Illinois will remain in focus, after it made history last year with the first legislatively enacted recreational cannabis program. Critical aspects of its program include social equity and social justice measures created to help people and communities most harmed by the war on drugs. New York and New Jersey have been flirting with legalization but have held off to navigate some logistics related to aspects that in...