• Sound advice Pat, it seems the industry isn’t ready for it’s growth phase. Once legalization is adopted nation wide in the US, it may be something to revisit.

    • Full legalization across the U.S. and in Canada would greatly expand the market for marijuana. But as we mentioned, if the legal marijuana market grows large and profitable enough, major agricultural and drug companies are likely enter the field. That will make it difficult to profit longer term from investing in the stocks of small growers.

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