Canada vs US Cannabis Business

Sep 1, 2020 · 13m 59s
Canada vs US Cannabis Business
Description

Michael J. Regan has more than 20 years of investing experience as a generalist equity analyst for consumer durables & cyclicals, industrials, chemicals, aerospace, media, telecom, tech, and REITs.  The...

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Michael J. Regan has more than 20 years of investing experience as a generalist equity analyst for consumer durables & cyclicals, industrials, chemicals, aerospace, media, telecom, tech, and REITs.  The economy is shifting rapidly no amid the COVID crisis.  While many people have experience job loss or slowdowns, many online retailers are seeing a record quarter for sales.  The cannabis market bifurcated as Canadian cannabis is trading down while US cannabis is trading up.  In the United States, cannabis has been declared and essential service and consumption is still up.  In Canada, the market is over supplied, they are seeing price pressure and value brands have to compete with the illicit market.  Profitability in Canada has not been as high as in the United States.   The rapid swings of business are effect the marijuana trade.
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Author W420 Radio Network
Organization W420 Radio Network
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