April 1st a new law will be adopted in Canada. Health Canada The medical marijuana industry will be going legitimate. That eliminates all the mom and pop growers.
this estimate that will remove more than half of all applicants, perhaps even two-thirds.
The door is then open for financiers from Howe Street and Bay Street to bring on the proper management teams.
will be very interesting to watch what kind of financing terms some of the new medical marijuana-related stocks can close on.
It will also be more telling to see which institutions decide to participate in financing some of these companies.
'mick,standing behind scenes.' If one of the major investment banks in Canada decides to bankroll a medical marijuana pubco, the floodgates will open, and we will see all the major firms follow suit.
Right now, given the controversy surrounding the sector, most firms are waiting for their competitors to make the first move.
Not Just About Growing Marijuana Growing marijuana is just one entry into this sector for a public company it is the riskiest and will require the most capital. There are a number of other ways a public company can capitalize on the marijuana boom, such as:
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