Cannabis Sector Leaders Leveraging Expertise and Real Estate as Possible Federal Legalization Looms - Seite 2

The cannabis sector is constantly evolving, as the industry as steadily improves, and weeds out the playing field. Through the business cooperation of experts within knowledgeable corporations with the up-and-comers, there's plenty of growth to be spread around.

WHERE THE CANNABIS SECTOR IS HEADED 

According to Arcview Market Research and its research partner BDS Analytics, there's to be expected much progress around the globe in the legal cannabis market over the next ten years. They collectively believe spending on legal cannabis worldwide will hit $57 billion by 2027.

Much of the growth is being credited to the expanding map of regions allowing for recreational use, and not just being restricted to medical cannabis. Two thirds of spending will come from the adult-use (recreational) market, while medical marijuana makes up the remaining third.

However, not every state has the openness for consumers to partake in the recreational market, yet. In the meantime, as each new market is added to the map, the experts in the sector will already have the experience to share, and the capital to help build out these jurisdictions.

CANNABIS SECTOR REAL ESTATE LEADERS 

Canopy Growth Corporation (NYSE: CGC) (TSX: WEED)

Canopy Growth has emerged as a dominant leader in the cannabis space. Canopy's footprint is easily one of the largest in the world, with operations through its subsidiaries producing and selling medical marijuana products in Canada, including dried, oil, and softgels. Canopy Growth recently signed a multi-year agreement with Neptune Wellness Solutions for an increase of capacity for Canopy's extraction, refinement, and extract product formulation capacity. Canopy also works collaboratively with Canopy Rivers, an investment and operating platform structured to pursue opportunities in the emerging global cannabis sector, including licensed producers, late-stage applicants, pharmaceutical formulators, branded developers and distributors, and technology and media platforms.

MariMed Inc. (OTC: MRMD)

MariMed provides consulting services for the design, development, operation, funding, and optimization of medical cannabis cultivation, production, and dispensary facilities. In addition, it offers legal, accounting, human resources, and other corporate and administrative services. As of December 31, 2017, it developed and managed six operating cannabis facilities for clients in Delaware, Illinois, Nevada, and Maryland. They also develop and manage facilities for the cultivation, production, and dispensing of legal cannabis and cannabis-infused products under the Kalm Fusion brand name.