Cannabis businesses and companies are cultivating global success more now than ever before. 2019 is set to see the potential for several different acquisitions and mergers within the cannabis sector. You might say that these mergers are creating hybrid cannabis businesses. When you combine two strains of cannabis together, you get what is called a hybrid. This is the principle that has created some of the most legendary cannabis strains consumers love like Girl Scout Cookies (GSC), Gorilla Glue (GG), and others.
The Predictions at Hand
Analysts who study business trends in the cannabis sector are predicting 2019 to be the year that pharmaceutical, tobacco, and food industries enter the rapidly growing cannabis space. Cannabis is no longer just a state-to-state issue. It is becoming a global one. Countries around the world are ditching draconian anti-cannabis laws of the past and adopting new favorable cannabis reform laws going into the future. This is creating a green scene that is opening doors to a greener future for people everywhere. From improved health benefits to human rights, and environmental benefits cannabis is changing the game.
Making Moves Globally
As an example of mergers that will take place in 2019 MJ Freeway is in the works of a merger with MTech acquisitions. This would allow both companies to be a part of the global supply chain that is growing with every passing moment. Also, Molson Coors has expressed their interest in the cannabis-infused beverage space. Heineken also recently purchased a small Nevada brewery that is already producing CBD infused beverages. The owners of Marlboro made a substantial 1.8 billion dollar investment in the Canadian cannabis sector with their investment in Cronos Group.
More and More Coming on Board
The list of businesses entering the legal green space is likely to exponentially increase approaching the next decade. In 2018 MedMen bought PharmaCann with roughly 682 million dollars in stock. In addition, Acreage recently acquired Form Factory and Blue Tire Holdings, and KushCo Holdings acquired Tahoe. The number of mergers such as these are likely to increase significantly in 2019. Likely involving both major and minor players across the cannabis sector.