Yes, people have to recognize if a company were to dominate this sector in its' entirety said company would become a blue chip company.
That being said, if a handful of companies were to share dominance in the sector there would be room for a dozen or so multi-billion dollar market cap companies.
Legal marijuana is becoming very big business, question is does this company have what it takes to claim its' share of the pie? It's no easy feat, it will take networking, financing, management, business models and more just to claim a share. To claim the lions share... Will take some very serious planning and careful execution.