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We know that tourism dollars spill over into the local economy as visitors sightsee, dine out, and enjoy what the area has to offer. This is another CannaInvestor advantage – opportunities for ROI without investing in Licensed Producers for those investors truly concerned about the commoditization of dry marijuana in Canada. You may recall we hypothesized that we may not have that experience in Canada because the Health Canada production quotas inherit to licenses act as a supply management control. We also know that there exists a trade system amongst LPs that also acts to smooth out supply and demand imbalances and therefore also acts as a price control. For those wanting to learn more about this trading system:
Canada’s first online marketplace for the wholesale purchase of medical cannabis certified under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). Cannamerx is a fully automated, ACMPR-compliant forward auction trading platform for bulk cannabis and cannabis products in Canada. Developed in close collaboration with Canadian licensed producers, Cannamerx is designed to facilitate the trade of bulk cannabis and cannabis products between licensed producers throughout the country. CANNAMERX WEBSITE.
So, we appear to have a de facto supply management system in effect that may take a few years before finding the “right balance”. From our hypothesis in our USA magazine last month, we believe the cannabis industry will likely be strong during all phases of the economic cycle for a foreseeable period. We also discussed how alcohol is considered recession proof and how alcohol sales have plummeted in those states where marijuana has been legalized. We discussed
how companies such as The Tinley Beverage Company (CSE:TNY), with first mover advantage, may be at the forefront of the Californian transition from alcohol to THC beverages. We know from past content and TNY’s news releases that they are looking to expand north of the 49th. As an update to Tinley, they recently received their license. Tinley currently has an excellent priced Private Placement and Ontario residents wanting to participate are encouraged to contact our writer Jason DeJean and participation is
without any extra or added fees and there is no need to be an Accredited Investor when participating through Jason.