As companies establish businesses in large U.S. states and Canadians grapple with supply and demand issues, cannabis investors may be watching the U.S. closely.
Mark Noble, EVP of ETF Strategy, Horizons ETFs, thinks that drivers for the cannabis sector are strong in both countries right now. He feels that, over the next decade, investors may see this sector start to mature and potentially disrupt the global alcohol industry, while potentially offering some pharmaceutical alternatives for pain relief and epilepsy.