Delta 9 Cannabis Inc. (DLTNF)

[BlueGreenPower]

Like the potential of CBD products, but not jumping on the bandwagon just yet. Lots of companies have big plans to produce CBD products for the general public.

My main concerns are the large number of manufactures that will be fighting for shelf space, and the possibility governments will ban, or highly regulate CBD use in the future. Until Heath Canada, and the FDA officially approve wide spread use of CBD I'll hold off on CBD pure plays.

I'm not too concerned with Delta 9's foray into CBD as a product for their own online store, and retail stores with guaranteed shelf space. Also Health Canada may rule favorably on wide spread use.

Then the problem becomes will big pharma jump in with mass production to under cut small CBD operators. It looks like Delta 9 is taking it slowly using inexpensive grow pod labs to get started. If the market is good they can easily expand the grow labs. If the market turns sour, change the grow labs back to grow pods.

Another stock I like, Next Green Wave, just spent $27M in shares mostly to acquire a CBD company. Personally I think it was a expensive shot in the dark with a unknown future. Hoping Delta 9 doesn't take the same expensive risks with CBD right now.

Comments always in my humble opinion. GLTA