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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Comment by AL8888on Sep 10, 2019 8:08pm
90 Views
Post# 30114834

RE:RE:RE:Keep waiting guys

RE:RE:RE:Keep waiting guys

Maybe, but that is expected to decline dramtically over the next two years. Part of the reason is that since legalization, the legal supply has not been sufficient and there are still large areas without dispensaries due to the licensing process.

https://www.straight.com/cannabis/1209526/canadians-are-spending-billion-cannabis-mostly-black-market-statistics-canada


"While Statistics Canada says that in 2018, 80 percent of cannabis transactions were still illegal, a February 2019 Bank of Nova Scotia report suggests that the percentage of recreational cannabis purchased on Canada’s black market is expected to fall quite quickly.

Estimates included in that document state that this year, illegal sales will account for 71 percent of recreational cannabis consumed in Canada, and then just 37 percent the following year, in 2020."

Hopefully the people who wanted cannabis legalization will support the legal companies now that they got their way.

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