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Marlboro maker in takeover talks with cannabis firm Cronos
- eveningcoffee 8y agoI seems logical but I feel nervous that company with this background enters this business. I think we should think seriously about the regulation that would safeguard our collective health security.
- stochastic_monk 8y agoThis has been a concern of mine for a long time. At the very least, I would hope for a situation like beer in America: there are low-quality, mass-produced products, and more expensive, crafted products for enthusiasts. (Alternatively, substitute boxed and high quality wine.)
- m0llusk 8y agoLarge scale growth and consolidation in the cannabis industry is likely, but it is not clear that will follow paths similar to other industries or involve the same players. Cannabis products and consumers are genuinely different. On a side note it is interesting how particular personalities get involved with markets in different ways. Beer brewers are almost always highly open minded and left leaning politically while beer distributors tend strongly toward conservative politics and institutions. It will be interesting to see if similar divisions between experts and commercial professionals exert themselves.