Canopy Growth Corp T.WEED

global derivatives

[WeedTheNorth]

I heard some people like stats and numbers, I got those.

Global derivatives markets are estimated at between 600 Trillion and 1.2 Quadrillion USD. https://ca.news.yahoo.com/2010-06-09-risk-quadrillion-derivatives-market-gdp.html. These are bilateral bets between 2 banks. As long as these bets aren't settled, it acts as an insurance system. When a collapse eventually comes, any day now by my estimation, all this money will need to be settled and many banks will cease to exist.

Cannabis will survive because it has lasted millennia through all the rest of the collapses, airlines don't survive slow downs let alone collapses. I'll accept 26.3% CAGR until 2028 while most everything else burns. https://www.businesswire.com/news/home/20210909005775/en/Global-Legal-Cannabis-Markets-Analysis-2021-2028-by-Sources-Marijuana-Hemp-End-use-Recreational-Medical-Derivatives-CBD-THC---ResearchAndMarkets.com

[WeedTheNorth]

More data: in 2010, Global gdp was estimated at 65 Trillion https://www.multpl.com/world-gdp/table/by-year making the 600 Trillion - 1.2 Quadrillion number 10 - 20x leverage (large banks are required to keep 5% reserves so the math is about right on the top end). Extrapolating to 2019 GDP, I wouldn't be surprised if the derivatives market is actually (88 Trillion x 20 =) 1.76 Quadrillion