Canadian cannabis market is still in the process of sorting itself out between Legal and Blackmarket cannabis.
New challenges ahead if the Cannabis sector do decided to produce products such as edibles and beverages which will also incur additional cost to process.
Given the circumstance that Cannabis industry is in, many recreational smoker now have the ability to grow their Cannabis at home (my friends included :P), we can expect further struggles with these companies since casual grower have also the ability to cook up their own consumable and often more creative.
Let's wait for Monday and see how the market will respond.
Also check out “HMMJ - Canadian Cannabis ETF” if you haven’t which will give you some insight of the overall cannabis condition.
New challenges ahead if the Cannabis sector do decided to produce products such as edibles and beverages which will also incur additional cost to process.
Given the circumstance that Cannabis industry is in, many recreational smoker now have the ability to grow their Cannabis at home (my friends included :P), we can expect further struggles with these companies since casual grower have also the ability to cook up their own consumable and often more creative.
Let's wait for Monday and see how the market will respond.
Also check out “HMMJ - Canadian Cannabis ETF” if you haven’t which will give you some insight of the overall cannabis condition.