Following the cannabis money trail (encore episode)
The Story of Money
Manuela Saragosa
4.4 • 400 Ratings
🗓️ 4 September 2018
⏱️ 21 minutes
🧾️ Download transcript
Summary
Medical marijuana is legal in 21 countries. In Canada, residents expect they will be able to buy cannabis from dispensaries and pharmacies across the country later this year. Some analysts have valued the legal business at anywhere between $7bn-$20bn, attracting a host of entrepreneurs and investors trying to get in on the action before the market takes off. We talk to two entrepreneurs with two very different plans to capitalise on the boom.
This episode was originally published on June 12, 2018. Read more about the cannabis sector on FT.com.
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Transcript
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| 0:00.0 | Am I missing anything? Is this the right decision? |
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| 0:31.0 | Hi, it's Amy. |
| 0:32.2 | Today we're bringing you an episode we put together earlier this year on the |
| 0:35.2 | cannabis boom in North America. And just before we get started, a quick heads up. In the time |
| 0:40.5 | since we recorded this episode, news of another massive deal in the sector broke. |
| 0:44.7 | Earlier this month, Corona Beer Maker Constellation Brands made a nearly $4 billion investment |
| 0:50.2 | in canopy growth, which is the Canadian Cannabis Group. |
| 0:53.4 | And it's the largest investment in the sector to date. |
| 0:56.4 | So with all of that in mind, here's the rest of our story that goes behind the money moving |
| 1:00.6 | into the sector. |
| 1:01.8 | We'll be back with a brand new episode next week. |
... |
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