Amanda Chicago Lewis shared some interesting predictions in Rolling Stone on Friday, discussing marijuana lounges, a potential “bloodbath” in California, the end of characterizing strains as “indica” or “sativa” and more. One topic she covered is “Canada takes over the world”, which pointed to the much easier access to capital enjoyed by Canadian companies compared to U.S. cannabis producers. She included a comment from Kris Krane, President and Co-Founder of 4Front:
"These Canadian companies have access to money that no one in the U.S. has, and they’re going to kill us. We’re ceding the future of the industry to Canada. They’re going to buy everybody."
U.S Cannabis Companies Likely to Gain Better Access to Capital in 2018
Canadian companies have had much easier access to capital enjoyed by Canadian companies compared to U.S. cannabis producers.
