Ten years ago, Netflix introduced a brand-new business model known as “streaming.”
The idea began with a modest 1,000 titles, but the site now boasts over 100 million users in more than 190 countries, consuming a massive 37 percent of all internet traffic at peak hours.
Not only has this innovative idea revolutionized the way we consume media, it has popularized the way certain aspects of the free market functions.
Now, what has become a very popular market strategy can be applied to nearly everything, including one of the fastest growing and most attention grabbing industries on the planet - marijuana.
Using a similar streaming model, one Canadian company is looking to single-handedly transform key aspects of the cannabis industry, which is expected to grow to $31.4 billion by 2021.
Despite the incredible competition in the blooming pot market, Cannabis Wheaton Income Corp. (TSX-V:CBW; OTC: CBWTF) is aiming to become the go-to financier for the entire sector, and this bold new strategy will undoubtedly set it apart from the pack.
As Canada’s push to legalize recreational marijuana quickly approaches its final hurdle, the space is ripe with opportunity. But this is no normal opportunity – it is a rare, specialized chance for entrepreneurs and investors to break ground on an entirely new industry – legalized pot.
Since Canada began permitting medical marijuana, demand has soared, and the number of patients is expected to more-than-double within the next three years.
And that’s just the medical market.
When recreational pot is legalized, consumption is expected to soar so quickly that the nation’s producers will not be able to keep up.
Canaccord Genuity estimates there will be an additional 3.8 million recreational users consuming over $6 billion of this green gold.
And to make this opportunity even more exciting, the Financial Post estimates this surge in demand will result in a severe supply squeeze, as current production would only cover approximately 7 percent of the anticipated total demand. ....
FUNNY HOW I JUST MENTIONED NETFLIX THE OTHER DAY, ABOUT THAT OPPORTUNITY TO INVEST IN WHAT TODAY WOULD BE A GOLDMINE. BUT I WAS BLINDED BY LACK OF SELECTION AND QUALITY OF THE MOVIES( i was close to purchasing thousands^^^ of shares) - I POSTED THAT AS A REMINDER TO NOT LET LITTLE STUFF LIKE SUPPLY OR FEW LOCATIONS DICTATE YOUR DECISIONS.THESE ARE MINUET DETAILS THAT ARE MEANINGLESS IN THE GRAND SCHEME OF THINGS.AS LONG AS YOU FEEL THE VISION OF HIKU BRANDS IS ON POINT AND
THIS POST OF MINE HAD KIRK QUESTIONING THE RELEVANCE OF NETFLIX . I STATED THAT CERTAIN OPPORTUNITIES (investment wise) WILL PRESENT THEMSELVES THROUGHOUT THE COURSE OF LIFE --IE GOOGLE/APPLE/FACEBOOK/NETFLIX And yes cannabis -CANOPY ...AND SOME SEIZE THE OP AND SOME DONT .THEY LET THE LITTLE STUFF LIKE #of movies or quality of the selection dictate,BUT IT WAS THE "BASE MODEL" and the
that i shouldve been paying attention to not the selection....anyways i was much younger back then and learned a lesson and wanted to pass it along...