Industry Consolidation.
https://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States
https://en.wikipedia.org/wiki/Categoryefunct_computer_companies_of_the_United_States
There are dozens and dozens of two bit CBD players now. Maybe hundreds.
In a few years there will be a half dozen. And in a few decades those will be absorbed by large conglomerates. Just like say, ice cream companies. Ice cream companies start out independent, then they get bought up by Diagio, or Mondelez.
I think various parts of hemp companies will go to pharmaceutical companies, Agro-conglomerates and food and beverage makers.
What’s happening now is the preliminary shake up to sift out the pretenders, and find the real players for the finals.
Industry...
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