ACBFF - The BAK Portfolio: Canadian Weed Is Legal And The Green Rush Has Begun
Legal Weed
On June 19, the Canadian Senate passed Bill C-45, legalizing recreational cannabis nationwide. Starting October 17, dispensaries across Canada will be able to sell cannabis to non-medical users. This new recreational market is expected to grow to around $8 billion over the next 2-3 years. Anticipating these events, I started to add positions in Canadian (and a few American) cannabis companies to my portfolio.
Who Is Bay Area Kid?
I am a 28-year-old Marine veteran currently enrolled in the MBA program at the University of Nevada, Las Vegas. I've been managing my own