Welcome to The Best of Cannabis series where we discuss some of the most important trends and topics that every cannabis investor must know.
Introduction
We are making an observation that is becoming more apparent as 2019 unfolds. We think most of the Canadian small-cap cannabis stocks will see 2019 as the first year when their business model is examined in detail by investors and weak players get punished in the public markets. We think there are three reasons why small Licensed Producers ("LPs") will struggle:
- The Canadian cannabis market is small and competitive.
- The