RE:What a switchGermany comes online April 2nd (I believe) and for them to create their own companies and grown medical grade cannabis is likely going to take 2 or more years. Avoiding a sector because you think there is going to be competition down the road will leave you with zero sectors to invest in as THEY ALL have competition. Doesn't matter if it's cannabis, technology stocks, O&G, etc etc.
Once there is money to be made there will be others looking to get in on it to make their own.
That's how free markets work.