US Cannabis Growers Could Face International Competition


Tilray
Canada’s Tilray, which applied unsuccessfully for a license in New York, has a license to export to Australia

As if the challenges of running a cannabis cultivation business aren’t great enough, some in the industry expect that domestic growers could soon see international competition. While cannabis remains illegal in the United States but legal under certain conditions within many states, other countries are adopting federally legal medicinal cannabis, and Canada is moving towards full legalization.

Will Yakowicz addressed the issue, bringing in the perspective of Brendan Kennedy of Privateer Holdings, which owns Canadian licensed producer Tilray. Kennedy has visited several countries in the past few months and suggests a global perspective on the cannabis market.

If I could short the indoor grow market in Denver, I would.

Brendan Kennedy Privateer HoldingsBrendan

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