Marijuana Business Magazine January 2019
Marijuana Business Magazine | January 2019 120 Notable Quotes | Insightful Industry Observations A lot of the conditions that we found attractive in Canada in 2013 and 2014—meaning explosive growth and valuations that are still affordable—are very much repeatable in the U.S. cannabis industry now. We are turning away all other opportunities right now, because in our view … the time to invest in the U.S. is now. Canadians, even though they’re ahead of us in certain respects, they’re never going to get ahead of us in terms of the quality of CBD flower. – Paul Rosen CEO of Toronto-based Tidal Royalty, on why Canadian marijuana companies are bullish on the U.S. market. Source: Marijuana Business Daily International Source: Marijuana Business Daily – Greta Carter CEO of Highroad Consulting Group in Desert Hot Springs, California, on the state’s early attrition rate among cannabis growers as the year-old regulated marijuana market continues to stabilize. What took Washington and Colorado two years to get to, when it comes to the reactions and experiences, is being done in like six months in California. I thought it was going fast before. California is even more on steroids. It’s crazy. – Preston Gardner A research analyst who follows cannabis market trends for San Diego-based CVC Partners, on why U.S. hemp farmers shouldn’t worry about Canada’s recent decision to allow its hemp producers to sell flower for CBD extraction. Source: Hemp Industry Daily
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