Stock Analysis of Public Companies in the Emerging Cannabis Industry
Since February 2019, I joined the team of CryptoPotato.com to write a range of technical and fundamental analysis for publicly traded Cannabis companies in both the U.S. and Canadian stock exchanges.
AgriNextUSA remained one of the most vocal advocates for regulating hemp in the United States that was helping to build a legalized hemp industry in the country. With the acquisition of AgriNextUSA, Canopy Growth will be able to accelerate its growth in several key states amid the 2018 Farm Bill that opened up the possibility for treating hemp as a crop.
Canopy Growth has been eyeing to expand into several U.S. states in anticipation that Cannabis products will soon be regulated and the acquisition of AgriNextUSA would open the door for them to expand their operations in the country.