$MSPC As seen over the past few weeks, companies l
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Posted On: 12/26/2018 9:35:07 AM
$MSPC As seen over the past few weeks, companies like Altria, are making major moves in the industry. The acquisition of a 45% stake in Cronos (CRON) highlights why Mr Brito's business plan is focused on real estate-cannabis acquisitions. Conversions of farmland and other properties into cannabis growing facilities is set to explode in 2019. This is literally the ground floor of a massive new market in which real estate will play a key role; Metrospaces is at the forefront with today's announcement.
Tilray (TLRY) is solely focused on the Canadian market in the Anheuser-Busch deal. In an article on MarketWatch (https://www.marketwatch.com/story/tilray-and-budweiser-maker-will-partner-to-research-weed-drinks-2018-12-19 ) "For us, it's early days in this industry and research feels like the right place to start," Tilray Chief Executive Brendan Kennedy said in a telephone interview. While a company like Tilray is focused on research, Metrospaces on the other hand is lining up real estate acquisitions including revenue producing facilities, jumping ahead of competitors.
The marketplace rarely sees such an opportunity as the real estate-cannabis combo is providing. Because of advances in hydroponics and canopy growing, cannabis can be grown virtually year round in most any climate. Legalization continues to spread across the United States, providing a company like Metrospaces the opportunity, with its real estate expertise, to gain significant ground, beating out larger players like Aurora, a company who has yet to make an acquisition in this sector, due to the fact that it is leaner and faster to make acquisition decisions.
https://seekingalpha.com/pr/17366555-cannabis...-discussed
Tilray (TLRY) is solely focused on the Canadian market in the Anheuser-Busch deal. In an article on MarketWatch (https://www.marketwatch.com/story/tilray-and-budweiser-maker-will-partner-to-research-weed-drinks-2018-12-19 ) "For us, it's early days in this industry and research feels like the right place to start," Tilray Chief Executive Brendan Kennedy said in a telephone interview. While a company like Tilray is focused on research, Metrospaces on the other hand is lining up real estate acquisitions including revenue producing facilities, jumping ahead of competitors.
The marketplace rarely sees such an opportunity as the real estate-cannabis combo is providing. Because of advances in hydroponics and canopy growing, cannabis can be grown virtually year round in most any climate. Legalization continues to spread across the United States, providing a company like Metrospaces the opportunity, with its real estate expertise, to gain significant ground, beating out larger players like Aurora, a company who has yet to make an acquisition in this sector, due to the fact that it is leaner and faster to make acquisition decisions.
https://seekingalpha.com/pr/17366555-cannabis...-discussed
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