Ancillary Portfolio Sectors continued
Healthcare: Biotechnology, nootropic development and genomic breakthroughs add to the health-enhancing possibilities of this ancient plant. Given its ability to impact ~700 disease states, cannabis will revolutionize healthcare as we know it. Valuations are reflective of the premiums successful companies might deserve and command in a post-legalization M&A cycle.
Finance: Banking, crypto-currency, insurance, investment groups, payment solutions and funds are all part of this important and high-growth sector. The U.S. federal stance combined with the need for these services has led to significant innovation in the space. Expect growth to escalate with legislative progress.
Business and Professional Services: These services include office administration, career placement assistance, security, inventory tracking, compliance, cleaning, waste disposal and environmental remediation. This remains a highly fragmented space with many nascent opportunities and few regional players currently emerging.
Agricultural Technology: Consistent and expected price declines have led to great adoption of automation for yield enhancement and cost reduction. Technological advances will continue to drive commoditization and increase distance from the connoisseur market. Time horizons and spot price forecasting are important investment considerations.
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