CGC - Which Canadian Cannabis Company Is In the Best Position to Enter the U.S. Market?
Much of the excitement in the marijuana industry today centers around the possibility that the U.S. will legalize cannabis in the near future. Even if you don't fall into the optimistic camp that believes legalization will take place imminently (say, within a year or two), at this point, it's a matter of when and not if. Support for legalization has never been higher, with more than two-thirds of Americans now in favor.
Canadian cannabis companies are making deals ahead of time, trying to position themselves as best as they can for the moment the U.S. pot market finally opens up for them. Canopy Growth (NASDAQ: CGC) , Tilray (NASDAQ: TLRY) , and Cronos Group (NASDAQ: CRON) are among the biggest cannabis producers north of the border, but which one of them is in the best position to dominate in the U.S.?
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Which Canadian Cannabis Company Is In the Best Position to Enter the U.S. Market?