InvestorsHub Logo
Followers 0
Posts 775
Boards Moderated 0
Alias Born 11/14/2013

Re: Merkuzzio post# 64334

Wednesday, 12/20/2017 9:09:04 AM

Wednesday, December 20, 2017 9:09:04 AM

Post# of 128598
Thank you for your insight and opinions.
We won't really know the growth of the market until we resolve the court date. That being said, Canada is currently exporting and it seems to be generating several million CAD thus far total. Someone is buying.
The initial number ~1000 patients was prior to the loosening of the law. There is an expected growth of 5-10k more per year this and next year.

Germany may indeed be a slow start not unlike early 2k in Canada. The key difference appears to be that the insurance is covering the costs.
Ultimately many Canadian Cannabis CEOs and analysts see Germany is a big medicinal market. Time will tell.

I for one want the EuroZone foothold as the industry matures and expands in the region. Denmark is just the start but an early advantage that will pay off. Tweed Farms payoff seemed like a distant dream along with recreational 3 and half years ago when announced on June 19. Now the investment has paid off plus some. Tweed farms ensured Canopy's early mover advantage not unlike Denmark and Germany will in due time.

When I traveled to Germany this summer I met some folks to discuss the cannabis industry, everyone seems very bullish about the money that is to be made but they are even more bullish on the economic development it can bring.

My week day handle is "EngageFactor".