If we talk about the present date scenario, there is one industry which is surely growing at an exponential rate and is still on the verge of expansion. Yes, it is none other than the Cannabis Industry which is centrally based in Canada and the US. Due to the verge of its expansion, it has caught the eyes of plenty of the First Nations who are looking to invest and reap some great benefits from this Industry.
Also, there are pretty many good reasons to cash in on this growing industry which is a must to be understood by various investors all over the globe. With this type of Industry, various commodities all over the world can get a proper base. As a result, there is no need to matchup with the case, traditionally was several years ago.
Saying by Fontaine on the Cannabis Industry
Fontaine had some point to prove in his saying as he was quite clear seeing the profit margin in this growing industry. He mentioned that it’s a great as well as unique opportunity because this industry is new and different. Therefore, all the businessman are at the same level. Many marijuana enthusiasts now simply do a quick Google query for marijuana dispensary near me in order to find the closest and most popular marijuana stores. The industry as a whole has exploded.
Talking about Fontaine, he is the CEO of Indigenous Roots, which is a medical marijuana company. In terms of this company’s operation, it is operated for the First Nations across the whole Canada region.
This company is has a joint partnership with Cronos Group which is a medical-marijuana grower and is licensed by Health Canada. Once the root of this company gets spread, they can surely partner with the First Nations and Cronos simultaneously.
In the midst of Marijuana and several issues in relation to its ban, the recreational marijuana is all set to become legal this upcoming summer which will be a great sense of relief for people who are looking to cash in on the Cannabis Industry.
As a result, this new opportunity will open doors for various other stuff such as a job facility between 30 to 50 as well as another great opportunity in marketing, said Gorenstein.Also, there can be an increment in the Future operations, he added all together.
Saying by CEO Alison Gordon
Talking about the stats, there is a lot more detailing to it. A number of Forty-Nine nations made their way to invest in the 48North Cannabis. This is basically 20 percent of the share of the company’s current share statistics which is quite extraordinary.
Further, she said, “It’s just part of our DNA. I mean, we want to work with our First Nations partners to figure out how to create products and brands that would be important to their communities, to help educate their communities.”
Final Words
It is absolutely obvious that the Cannabis Industry has a lot more potential and it has the power of gathering a number of investors from all over the globe. At last, if its reign of growth continues for a year or two, it can become the economic foundation for different First Nation Communities.
