Canopy Growth Corp (WEED)

[Bonno]

Doomed? It,s coming folks!!!

One curious argument not looked in the paper is that if cannabis’s margins have a “race to the bottom,” where grow operations will move to cheaper areas based on labor costs, electricity, and water, what happens when U.S. federal legalization hits the U.N.? Yes, areas with lower labor and production costs may gain marijuana jobs, but what happens when much cheaper places like Mexico, Brazil, Colombia, and Costa Rica begin to export their cannabis production? It won’t be a U.S. race to the lowest costs, but an international race to the bottom. Based on how fruits, vegetables, car parts, lumber, and other international businesses work, the U.S. may not be the biggest or best cannabis producer on the planet.

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Once the U.S. federally legalizes the plant, then the U.N. will have to change its drug treaties and now 163 other countries will be able to grow cannabis and export it without fear from the U.S. judicial or financial system.

Can cannabis farmers in the Emerald Triangle grow cheaper marijuana than Mexican farms just south of San Diego? Conventional wisdom says, no.

https://thefreshtoast.com/cannabusiness/shipping-marijuana-around-the-us-may-already-be-legal-due-to-dormant-commerce-clause-in-constitution/

Happy, time to load up`