What should you expect now that cannabis is legal in Canada?
Bruce Campbell, President of StoneCastle Investment Management talks about what investors can expect now that cannabis is legal in Canada.
“Now that cannabis is legal in Canada, investors should expect to see a few different things. First of all, we’re going to see a lot more data on supply and demand. Right now, with the first part of legalization we’ve only seen the demand and we haven’t really seen how much the producers can ramp up their production so, that’s going to be important. The demand equation is also going to be important as we crossover from the black market to the legal market. And the second thing that I think investors should really watch for and should be expecting is all the derivative regulations and what’s going to happen with all the derivative products; how they’re rolled out and whether or not that will be all at once or if that’s going to be rolled out over a period of time.” – Bruce Campbell, President of StoneCastle Investment Management