RE:Canada versus California: Are you Diversified?lol. I was reading this and thinking to myself "geez, this sounds like a plug for TNY". Sure enough it is.
MJhedgefund wrote: The medical marijuana market in Canada in 2016: roughly $250 million.
The medical marijuana market in California in 2016: roughly $2.7 billion ($2,700 million).
The medical marijuana market in Canada: Dry herb and oils.
The medical marijuana market in California: Dry herb, oils, edibles, beverages, shatter, wax, and other concentrates.
When recreational sales commence in 2018 in both of these jurisdictions, California will continue to be leaps and bounds ahead of the Canadian market. We are not against owning the LPs, as we do own them as well, but it’s important to diversify your portfolio and invest in other companies outside of the Canadian Licensed Producers.
https://drinktinley.com/