John Kagia: Globalization Could Challenge Canadian Dominance in Cannabis | Summary and Q&A

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January 17, 2019
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Investing News
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John Kagia: Globalization Could Challenge Canadian Dominance in Cannabis

TL;DR

Canada's legalization of cannabis has led to a shift in the global conversation about the industry, but Canada needs to be proactive to maintain its leadership position.

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Questions & Answers

Q: How has Canada's legalization of cannabis impacted the global conversation about the industry?

Canada's legalization has sparked more interest in cannabis in other countries, leading to a shift in the global conversation and increased attention to the industry.

Q: What role does Canada play as a leader in the cannabis industry?

Canada has the opportunity to shape policies in emerging global markets and can provide expertise and thought leadership to establish a more refined market.

Q: How can Canadian companies maintain their stake in global markets as other countries start their own production?

Canadian companies can establish partnerships, joint ventures, and direct investments in these markets to ensure they have a role in shaping and guiding the industry.

Q: What are some of the trends to watch for in the cannabis industry in 2019?

Some key trends include the changing conversation and legalization through courts in different countries, the evolving cannabis consumer archetypes, the scientific advancements in exploring therapeutic uses of cannabis, and the entrance of major brands into the industry.

Summary & Key Takeaways

  • The conversation around cannabis has changed in Kenya, with more interest in the subject due to Canada's legalization.

  • Canada is at the forefront of the cannabis industry and has the opportunity to shape policies in emerging global markets.

  • Canadian companies can establish partnerships and provide expertise to ensure a stake in these markets and avoid past growing pains.

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