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Beware of the "Mortgage Massacre" – the Next Crisis in Our Pandemic Economy

The second phase of the rollout of legal cannabis in Canada has been dubbed "Cannabis 2.0." It hasn't gone perfectly. We've seen the Canadian cannabis sector decimated so much over the past 14 months. But that's all changing... You see, a significant factor in the sector's struggle has been the inability of producers to offer competitive products. But now... Canada's had a year and a half to work through cultivation, warehousing, fulfillment, and distribution issues from licensed producers. Now they can compete. In fact, Canada alone just generated $8.1 billion in recreational, medical, and illegal cannabis sales over the past 12 months. And over the last two weeks, they've seen a significant increase in funding, merger and acquisition (M&A) activity, and a quiet sentiment boost. The post Beware of the "Mortgage Massacre" – the Next Crisis in Our Pandemic Economy appeared first on Money Morning - We Make Investing Profitable . Or, maybe they won't have to pay it... Tags: Marijuana Industry To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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