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Delta 9 Cannabis ranks 7th on list of Canada s Top Growing Companies
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Delta 9 Cannabis Inc achieves milestone in agreement with Element Cannabis Group
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Cultivation System that Enhances Opportunities in the Cannabis Industry Delta 9 Benzinga 2 hrs ago © Provided by Benzinga
Many of the Canadian cannabis companies are focused on expanding into the US cannabis market in 2021. The one remaining obstacle is that if they grow cannabis or own retail stores in Canada, they are prohibited from entering the US market until cannabis is legal at the federal level.
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Without federal legalization and safe banking in the US market, however, navigating through the hurdles of the cannabis space is limited and can add many extra costs to a company’s capital structure.
For many Canadian cannabis companies, M&As activities are one of the only ways to enter the US market place. There are many cannabis companies that either grow cannabis or own retail stores but there are very few picks and shovels companies that supply the equipment to grow cannabis. There are only a small few that actually sell a turn key growing platform l
Many of the Canadian cannabis companies are focused on expanding into the US cannabis market in 2021. The one remaining obstacle is that if they grow cannabis or own retail stores in Canada, they are prohibited from entering the US market until cannabis is legal at the federal level.
Without federal legalization and safe banking in the US market, however, navigating through the hurdles of the cannabis space is limited and can add many extra costs to a company’s capital structure.
For many Canadian cannabis companies, M&As activities are one of the only ways to enter the US market place. There are many cannabis companies that either grow cannabis or own retail stores but there are very few picks and shovels companies that supply the equipment to grow cannabis. There are only a small few that actually sell a turn key growing platform like Delta 9’s Grow Pods. For example, there was one US company that did an IPO in February 2021 and raised $150 million. They now have an attractiv