It is always good to return to the companies I first discussed and those two companies were the Canopy Growth Corporation (TSX:WEED; NYSE:CGC) and The Tinley Beverage Corporation (CSE:TNY; OTC:TNYBF). Canopy was in the C$2’s and Tinley traded at C$0.035. Their highs since that time were over C$75 and C$1.95 respectively. Canopy of course has embraced the cannabis beverage market with its strategic partnership with Constellation Brands Inc (NYSE:STZ).
Notice too how Canopy is listed on the NYSE – I believe that it was an article appearing in Forbes back in 2016 that commented major exchanges would not list cannabis companies until cannabis was rescheduled Federally.
In other words, today’s facts were our predictions from 2016 and since. Yes there is great turmoil and uncertainty at this time but let’s clear the muddy waters a bit.
*Studies are showing cannabis is safer than alcohol
*Large alcohol companies are taking note of the above and we are seeing M&A as well as increased interest from alcohol companies
*Cannabis is showing more and more to be effective for many patients in treating an array of medical conditions. Pharmacogenomics may be the key to match the ideal cannabinoid profile to patients (we predicted this as well)
*As we learn more of our endocannabinoid system we may find greater demand as a result and this could be a global surge
*Cannabis could be a recession proof industry
*Animal care
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