Hyperbole on a Friday.
Canada’s market and players are doing well, especially so in exports of medical cannabis and CBD products to international markets.
But, here at CLR, we always urge caution.
There are issues in Canada that aren’t too dissimilar from what we are seeing in California.
Local authorities wanting more control over the management of production and distribution, the police force saying they aren’t ready for legalization and a a percentage of the national parliament not entirely convinced by the whole project.
Yes, we agree, MJ Biz are writing about hemp & not cannabis, but for many, the difference is moot and this won’t stop causing issues for a while yet.
We also worry about phrases being used in the media like , White Hot. This sounds to us like the journalists writing the articles have been talking to people more interested in company share prices and not the day to day grind of building managing and making a business work.
That word again , Hyperbole.
All the markets are hitting record highs again across the board, something that always makes us cautious. let’s hope hemp isn’t being dragged into the fever and suffers when the medicine has to be administered.
MJ Biz report