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At the end of the day, all of this is a natural progression along the consolidation curve and that is why you will always have the advantage. We stated a long time ago that Canadian mainstream production may become an Oligopoly. We predicted the mid to small sized LPs may merge in order to effectively complete. On the heels of the merger between Tokyo Smoke and Doja Cannabis (an LP) to form HIKU Brands Company Ltd (CSE:HIKU) … HIKU has now announced a merger with Weed MD Inc (TSXV:WMD). It is all part of the consolidation curve and you knew this would happen well before some of the more popular characters purporting to be Canadian industry experts.
As others discover and discuss this only now and often with fear or concern, it is not new to you and there is nothing to be concerned about so long as you stay on top of events affecting your portfolio. As others preach doom and gloom prophecy because of what they feel could happen, you know it is all part and parcel of investing in a new growing multi-billion dollar industry. Factor in hemp and the combined industry globally could reach $1-trillion or more within a decade according to some forecasts that are out there.
Still not convinced? Would Alliance One International (NYSE:AOI) and Constellation Brands Inc (NYSE:STZ) be investing hundreds of millions of dollars if they completely bought into such speculation?
Your content and in particular case studies, have prepared you and will continue to prepare you. The fact others are only now raising such possibilities as potential concerns that we discussed starting in the spring of 2016 (USA edition) will always be your ace
in the hole. Turning green to gold while tuning
out the noise will always be your advantage.
If you attending the LIFT Expo in Toronto on the May 26th weekend or O’Cannabiz on the June 9th weekend then I hope to see you there.