Financial Post Article, HEXO one of the top picks!
Few Players There may only be half a dozen major players left three years after legalization, said Eric Paul, chairman of Vaughan, Ontario-based CannTrust. The rest are going to be bankrupt or out of business because their business models dont work, Paul said. This industry is far more brutal than most people understand. So what will distinguish winners from losers? A meaningful presence in Canadas recreational market combined with exposure to the international medical market is one key factor, according to Matt Bottomley, analyst at Canaccord Genuity Group Inc. Aphria Inc., CannTrust and Hexo are some of Bottomleys top picks.