Canopy Growth, Canada's largest pot company, has been almost shut out of Canada's single largest market. Today the CEO paid the price.
The alcohol industry is in permanent decline. A small shift from alcohol consumption to cannabis would generate an additional $150B per year in revenues.
Support for fully legalized cannabis is soaring -- in the least expected ways. And opposition is falling the fastest among an even more surprising group.
Just a "few stores" caused Ontario retail cannabis sales to spike from >$8 million to $19.6 million in one month
Proposed Health Canada regulations on "cannabis health products" obstruct rather than facilitate the commercialization of such products
It may take another 5 - 7 years for cannabis to go global. Cam Battley sees this as favoring Canadian companies.
Mood enhancement could very well be the next, big driver of cannabis demand -- especially among educated professionals