RE:RE:Every long knows the MJ industry is running on borrowed timeand edibles, and extracts...and profit margins are higher than they are for alcohol. These companies also got really creative with their global presence. I think the beverage industry will utilize MJ byproducts as well. The marijuana industry will thrive.
Chicken.Soup wrote: Well the single biggest Beer company in the world has a $150 billion dollar market cap.
I dont think all the Canadian MJ companies combined as of today have that much value.
Of course the MJ market is a fraction of the alcohol market but the entire U.S. will be on board within a decade.
Plus the one thing we got on alcohol is that MJ can be used for medical purposes as well.