Are Global Cannabis Markets Moving In Synch?
In American political lingo, an “October Surprise” is an event or incident that is deliberately planned to impact a political election – usually during a presidential year. The cannabis industry, of course, is still highly political – starting with reform itself. So what to make of the fact that over the course of the summer, three major markets have started to align in terms of timing? Canada, Germany and The UK Moving In Synch? None of these things were original, publicly planned or announced, of course. During July, the Canadian government finally announced the recreational market start date, the German government issued its new cannabis cultivation bid (due in October), and of course, the British government announced that they would reschedule cannabis and create more access for British patients. Canadian companies, for example, are perfectly poised to enter both markets and dominate the industry What is in the air? And could this, in any way, be a deliberate cannabis indus...