InvestorsHub Logo
Followers 10
Posts 1279
Boards Moderated 0
Alias Born 09/10/2015

Re: None

Tuesday, 12/01/2015 5:23:19 PM

Tuesday, December 01, 2015 5:23:19 PM

Post# of 128585
The medicinal cannabis scene is strong and growing in Canada. The recreational is doing well in the underground market but i suspect is weeping into the pharma market through compassion clubs and dispensaries. Supply from licensed producers is capped by Health Canada and the Vancouver market place has flourished through loopholes being supplied by permitted growers to fill their shelfspace. What makes this all work is that the Police have more serious crimes to punish. Canopy Growth is squeaky clean and above board legally and politically. They have a much larger plan judging from their aquisitions and this canopy of companies has contributed large effort in shaping the medical market and educating the public and government (Health Canada)to bring safe medicine to the consumer. The latest election has opened the door to legalization and recreational use. There is good reason for government to set up a safe distribution system for both the pharma and rec market and that is taxes! The Vancouver market ,from what i understand is being supplied with untested product through quasi legal suppliers. The rec market holds great promise for Canopy Growth's bottom line and the other licensed producers (google up Health Canada licensed marijuana growers) to supply safe tested med/rec product to the consumer. The rules as they stand are stringent as are the testing requirements by HC. We could very well be a model for the world. Canopy has partnered up with several companies to gain their edge and the business plan is good. I've always felt that their will be firesale buyouts available as some growers will fail and that may be the case with Peace Naturals as the next aquisition, to get their patients and grow facility. I also see international sales on the horizon because that is just too large a market to ignore and our partner Nutritional High has made inroads into the US. This will take time but it is a race. California seems to be the holy grail with 30 plus million potential consumers. Existing liquor distribution systems would fast track distribution for recreational and the pharma system would be a good fit for medicinal product because of the subsidization to patients by their hmo's. Just my thoughts. glta and dyodd