It’s well known that cannabis investing is quite volatile considering how infant the market is as a whole. With so many investments coming into the industry, more and more people have decided to hop on the weed filled bandwagon. Of course, there are uncertainties with investing in any market, but the ins and outs of cannabis can be quite tricky to navigate.
With the legalization of marijuana occurring around the world and notably in Canada and select states in the U.S., the industry has become more forgiving than ever. Publicly traded marijuana stocks are also on the up and up due to the changing politicization of marijuana as a substance.
Canada is considered to be the heath of cannabis stocks as they recently began allowing the use of recreational marijuana back on October 17th. GTEC Holdings, Inc. (GGTTF) has been able to benefit greatly off of the new market on cannabis domestically. GTEC recently announced that their subsidiary, Alberta Craft Cannabis completed their first sales to CannMart Inc. Alberta Craft Cannabis or ACC is working alongside GTEC to begin producing extremely high-quality craft cannabis.
Craft has become the newest aspect of the market as it reaches a higher tier of customer rather than simply going for the mass end of the market. In addition, GTEC is well known for being one of the most popular vertically integrated cannabis stocks in the industry. Vertical integration allows for extremely high margins as well as a complete control over the products that they produce.
By 2022, the marijuana market as a whole is expected to reach as much as $32 billion while the U.S. market alone is scheduled to hit as much around $24 billion. This means that there is a large amount of room to grow as far as the export of the product to Canada’s southern neighbor is concerned.
Canopy Growth Corp. (NYSE:CGC) is one of the largest cannabis companies in the industry and at this time, should be a household name. Canopy made big news back a few months ago after Constellation Brands (NYSE:STZ) decided to purchase around $4 billion worth of Canopy. This was one of the largest investments made in the history of the cannabis market to date which signaled a major paradigm shift in the whole of the industry.
The company has been working to use this new investment to complete a series of acquisitions and movements into foreign markets. The German market on cannabis is one that many of the largest companies in the marijuana world have been working to enter.
Tilray (NASDAQ:TLRY) is another large company in the marijuana production sphere. Tilray made headlines as their market cap shot up to as much as $28 billion during intraday trading only recently. With many catalysts fueling this speculative rise, Tilray has been known to have a high correlation with the whole of the cannabis industry. Tilray has been looking for a partner, specifically one in the alcohol production and distribution industry to begin producing cannabis-infused beverages. Similar to Canopy, Tilray has their eyes set on an expansion of their production capacity for the next two to three years.
All in all, the cannabis industry has become ever more safe as the market begins to settle down. The next few years will be extremely instrumental in seeing where the industry can reach as investments become safer and prices begin to stabilize.
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