When people in some southern states ask for a soda
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That's the power of a brand and why The Coca-Cola Company was the sixth-most valuable company in the world in 2020 at $64.4 billion.
In the cannabis industry, the same thing is happening as we speak.
There's one company that will be the first household name in cannabis because it's building a powerful portfolio of branded products and expanding across the United States to be everywhere its customers will be.
It plans to reach the 93% to 95% of U.S. households that don't currently use marijuana.
So as more people buy edibles, pre-rolls, and flower and when they think of cannabis, they are going to think of this company.
I suspect we will see everything cannabis rolled into the Coca-Cola company in the very near future, and that includes alcohol and medicinal products as well. Something to consider for those who like investing in big board stocks.
Kgem