Another interesting read out of Port Phillip Publishing this...

Another interesting read out of Port Phillip Publishing this morning..

And if the latest news out of Canada is anything to go by, the cannabis sector is only going to draw in more investors.

You may have heard that the second phase of Canada’s marijuana legislation is due to kick in on or before 17 October this year.As pot stock guru Sam Volkering wrote to subscribers of Australian Small-Cap Investigator on Wednesday

:‘[C]annabis edibles, extracts and topicals will all become legal. Meaning Canadians will soon be able to buy everything from food to moisturiser that is infused with pot. A value-added market that is expected to create an even bigger boom than we saw last year.’How big a boom are we talking about?According to a Deloitte report, the newly legal edibles market is expected to be worth more than CA$2.5 billion (AU$2.7 billion) per year.

Canada is already struggling to meet the demand for the smokable version of cannabis...the dried buds. These shortfalls are predicted to get significantly worse in the lead-up to — and following on — the legalisation of edible pot products.Sam Volkering expects to see more Canadian firms look for outside help to ensure they don’t miss out on the next boom. And he sees this as a unique opportunity for select Australian pot stocks with the right connections in the Canadian market.

Lots of positive news coming into this market recently..Hopefully CGB can put there finger in this pie ASAP...