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What jumps out is that one has to get to #12 before the first true Canadian player and that company is not Canopy Growth Corporation either but rather is Aurora Cannabis Inc. Ahead of the pack we predicted in December 2017 (more than 18 months ago) that is was high time to start looking at the USA companies. But be careful what you wish for as the old cliché goes.
Last month, I discussed what many scientists believe is the inevitable future of the cannabis plant – commoditization and a such a crop view is needed. With a global movement away from single use plastics could that be the catalyst needed to catapult cannabis based plastics, building materials, etc? Remember, hemp is a sub-variety of sativa but regardless there is extraction technology that can make use of the full plant regardless of strain and can strip away any undesired cannabinoids (such as THC content for plastics). To those demanding the full rescheduling of cannabis at the federal level I again stated to be careful what you wish for.
Multi State Operators (MSOs) are all the rage and especially when vertically integrated in each of those states. But what happens when cannabis become a commodity at the national level and what happens when cannabis is rescheduled? A few farms in the midwest could supply much of America’s non-medical supply could they not? Precision accuracy with medical safeguards may be needed for medical supply but that about recreational and non-consumption use (plastics, biofuel, textiles, building materials)? What happens to all of that expensive infrastructure the current framework has built and replicated state by state? Now let’s blow this out internationally. Is it any wonder we say see a lot of land being purchased on or near the equator including in South America, Caribbean, and on the African continent? While the paid promotors are telling you to invest in yesterday’s companies, you need to be looking ahead.
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