LONDON, July 10, 2019 /PRNewswire/ -- Some are ready to call it quits on cannabis. But the Green Revolution has only just gotten started. The big plays — Canopy Growth Corp, Aurora, Cronos Group — saw big gains in 2017 but slowed down in 2018 and seem to have stalled in 2019. Mentioned in today's commentary includes: OrganiGram Holdings (NASDAQ: OGI) (TSX-V: OGI), CannTrust Holdings Inc. (NYSE: CTST) (TSX: TRST), Aleafia Health Inc (OTCQX: ALEAF) (TSX: ALEF), THC Biomed International (OTCQX: THCBF) (CSE: THC), Cronos Group (NASDAQ: CRON) (TSX: CRON).
Some worry that it's just a big bubble — but they're not looking closely enough. There are plenty of opportunities for investors looking to cash in on the cannabis boom.
From companies out for mega-deals, changing the face of cannabis branding as we know it, to obscure tech plays completely transforming the marijuana supply chain, smart investors know where to look as the industry continues to weed out the weak hands.
Cannabis produced $6 billion in deal value between 2015 and 2018. And that's nothing compared to what's next. Estimates peg the legal cannabis market at $66 billion by 2025. But it could be much, much bigger.