Special Report on ASX-listed Cannabis and Hemp stocks An exciting new sector 24 March 2020 From humble beginnings in Canada around ten years ago the cannabis and hemp industries have blossomed into a major force to be reckoned with by investors the world over. Australia is no exception, with many cannabis and hemp companies having gone live on ASX over the last five years. However, many investors are unfamiliar with the dynamics of this exciting new sector. Pitt Street Research now seeks to close that information gap with our Special Report on Cannabis and Hemp, released 24 March 2020. Welcome to the cannabis and hemp revolution Cannabis and hemp have fuelled a major investment boom since 2014 largely because of the known therapeutic benefits of medicinal cannabis. Governments around the world have responded to the scientific evidence and made it easier for patients to access cannabis-based medicine. Concurrently, voters in many countries have become more favourably disposed towards the legalisation of recreational cannabis. These two trends have fuelled a boom in cannabis, while hemp, from a different plant, had also benefited as investors have moved to use this plant for a variety of purposes, most notably in food. It’s fair to say that cannabis and hemp have quickly become respectable industries worthy of investor attention. Many have come to the view that cannabis and hemp are agents of serious economic change, with potential to seriously disrupt Subscribe to our research HERE sectors as diverse as drinks, building materials and, of course, medicine. Analyst: Stuart Roberts Why should the Canadians have all the fun? Tel: +61 (0)447 247 909 Canada was the origin of the current cannabis and hemp boom because the regulatory framework changed in that
[email protected] country around 2013 in a way that allowed entrepreneurs to flourish while the public equity markets allowed large amounts of capital to be raised.