This Week in Hashish Investing August ninth


This week didn’t include the identical stage of blockbuster information that has been protecting cannabis traders on their toes in current weeks. On the similar time, The Seed Investor nonetheless discovered no scarcity of matters to cowl which are shaping the cannabis {industry} and opening up cannabis markets.

Monday, The Seed Investor took a more in-depth have a look at an fascinating information merchandise out of California. An actual property firm trying to promote a $3+ million dwelling in L.A.’s luxurious actual property market held a cannabis open home” to entertain potential patrons.

A large assortment of (protected and wholesome) cannabis merchandise had been made obtainable to company. The article pointed to this as “only the start of the crossover between cannabis and luxurious actual property”. We famous that that is only the start of introducing cannabis into enterprise occasions which have some social part.

Tuesday, there was a major acquisition by Canadian cannabis retailer, Choom Holdings (CAN:CHOO / US:CHOOF). Choom added 4 new cannabis shops to its already important retail footprint in Alberta whereas additionally including three shops in British Columbia. B.C. is considered one of Canada’s largest cannabis markets that’s now catching as much as different provinces in launching new retail shops.

The Seed Investor coated cannabis-infused drinks once more. This time, our angle was in explaining the expertise behind the merchandise in better element. With a subsequent technology of cannabis-infusion expertise, we concluded that that is expertise that “has arrived”.

Wednesday, The Seed Investor launched a function article on “eight prime worth alternatives” in North American cannabis shares – 4 from the U.S. and 4 from Canada. This can be a follow-up article to the piece we launched the earlier week pointing to the “stupid-cheap” valuations of cannabis shares regardless of many sturdy basic drivers at current. We supplied eight recommendations on the place traders might reap the benefits of the good worth throughout the cannabis sector.

We then went beneath the floor in wanting in new cannabis client information out of Colorado. The information appeared to point out a really sturdy transfer away from medicinal cannabis and towards leisure consumption. The Seed Investor defined how these new numbers didn’t indicate that medicinal cannabis was shedding its recognition. Relatively, customers had been additionally trying to leisure cannabis sources for merchandise to deal with their medicinal wants.

Thursday, Choom Holdings adopted up its earlier acquisition with information that it’s opening up one other licensed cannabis retailer in Alberta. Mixed with its earlier information, this will increase Choom’s whole cannabis retail footprint in Alberta by greater than 50%.

On the similar time, The Seed Investor pointed to the intense want in Canada for higher, extra industry-friendly rules for CBD commerce. That is very similar to what has been mentioned by the U.S. cannabis {industry} with respect to FDA and CBD. What’s totally different right here is that the lobbying is coming from the Canadian pure well being merchandise {industry} – which is keen for broader entry to distribute such merchandise.

We then checked out some extremely modern functions for {industry} hemp: the world’s first all-hemp airplane. Constructed from hemp, outfitted with hemp, powered by hemp biofuel. Not a gimmick. The hemp fiber used to make the fuselage is ten instances stronger than metal whereas additionally lighter than conventional plane constructing supplies.

Lastly, The Seed Investor reported on a extremely profitable and imaginative client promotion for cannabis: cashing in on North American “delight” throughout the homosexual neighborhood. PLUS Merchandise (CAN: PLUS / US:PLPRF) is the California firm that got here up with the thought and its Rainbow Sorbet Gummies had been an enormous vendor.

Friday, The Seed Investor tackled a major problem for the cannabis sector, Why Large Pharma Hates Hashish. We seemed on the historical past and defined to traders the actual explanation why multinational pharmaceutical corporations aren’t wanting to embrace cannabis as drugs – regardless of its huge potential.

We then criticized NASA. The U.S. area company has despatched an individual to the Moon. However its best minds nonetheless appear clueless relating to the cannabis plant. The Seed Investor famous the irrational anti-cannabis phobias that stay inside U.S. federal companies.

We ended the week reporting on conditional approval of a TSX-listing for Organigram Holdings (US:OGI / CAN:OGI). This builds on this Canadian-based firm’s NASDAQ itemizing whereas Organigram continues to push ahead aggressively in its operations.

In lots of respects, this week epitomizes the cannabis {industry}. Obstacles to cannabis commerce live on. However cannabis corporations proceed to plot new cannabis markets, new cannabis merchandise, and new methods to market the cannabis {industry}. These publicly listed corporations proceed to quickly advance their operations at the same time as cannabis valuations fly below the radar of most traders.

DISCLOSURE: Choom Holdings is a shopper of The Seed Investor


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