Is Global Cannabis Acceptance Broadening?
Bruce Campbell, President of StoneCastle Investment Management gives his insight on the acceptance of cannabis and its affect on the market.
“We’re just starting to see this tipping point where globally, we’re seeing acceptance of cannabis. One jurisdiction at a time is moving towards a medical program and then a recreational program. We’re seeing this at an accelerated pace compared to what we’ve seen in the past, where it took Canada four or five years to go from medical to recreational. Now we’re seeing countries that three years ago, weren’t even looking at a medical program and now have it and in some cases weren’t even look at a medical program a year ago and are now having it. So, the pace of change is accelerating in the space and I think there’s a lot of opportunity there.” – Bruce Campbell, President of StoneCastle Investment Management