Playing deregulation in the high growth cannabis and hemp industry...
Cannabis and hemp have been acquiring increasing legal status in countries around the world. In the US, many states have legalized it, but it remains difficult to do business while it is prohibited by federal regulation. We expect this will change this year, ushering in some growth in the market.
Companies positioned to take advantage started popping up a few years back, and like early Bitcoin, went vertical and then collapsed, as their prices had outstripped the reality of a market that hadn’t yet become fully functional. The stocks have started to move again now to properly reflect the new reality.
There are many ways to play this theme, by investing in producers, distributors, and the companies that service the industry.
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