Making money from marijuana
Article via: Press Reader
The ancillary cannabis industry, including technology and logistics, could be where Canadian firms shine. During a gold rush, there’s often as much money to be made selling picks and shovels as digging in the dirt. One year out from the legalization of recreational marijuana, a number of Canadian companies are betting that this logic holds true for the country’s cannabis rush
With weed producers rushing to list on the TSX and other stock exchanges, investor interest has focused mostly on companies that can supply the drug. But the ancillary parts of the industry, based on intellectual property, technology and logistics, could ultimately be where Canadian companies shine on the global stage.
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