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LOOKING AHEAD TO 2018
3 Everything you need to know – California Legalization (SOURCE).
3 MMJ Took a Bite Out of Alcohol Sales. Recreational Pot Could Take More (SOURCE).
With respect to the above two samples as to what we can look forward to, you can review current and past issues of CannaInvestor Magazine (USA and Canadian editions) to find companies that upon doing your due diligence are ideally suited to capitalize on one or even both of these. You may recall our first case study was in the spring of 2016 and was on The Tinley Beverage Company (CSE:TNY; OTC:QRSRF). As an example only, TNY is not only entering the California market but their primary cannabis product when legal is their alcohol inspired line of THC infused beverages.
How the Federal government and even the NYSE respond to companies operating in recreationally legal states will also be crucial. The aforementioned example of LDS will be one to watch to see what, if any, action is taken by government (at any level).
Canada legalizing recreational marijuana in 2018 will be a significant event for investors. Will specific tourist areas evolve providing yet new investment opportunities in companies not directly involved with the plant itself? Will other large US companies follow Constellation Brands into Canada or will reviews by organizations such as the NYSE throw cold water on what could be start of increased and heated M&A activity.
Is investing in the legal cannabis industry even more ideal than before? You decide and remember to have a safe and wonderful holiday season.
Editor
Editor