It is always nice to see a client do well. FSD Pharma (C.HUGE) is blazing a trail in the already hot marijuana space.
As the companies come up to the starting gate for the great Canadian recreational cannabis sweepstakes we are seeing huge interest in the sector. The investment of 5 billion dollars in Canopy Growth by Constellation Beverages re-ignited the marijuana stock market in Canada. All of a sudden, Canada’s world-wide lead in the creation and financing of cannabis businesses looked to have an international scope.
Despite having written a book about the marijuana business, motherlodetv.net has not covered the burgeoning pot stock world. We may in the New Year. However, The Economist has an excellent, short, article about why American marijuana firms are looking to Canadian capital markets for their financing.