Cannabis Dispensaries Are Growing In 2020
In 2020, cannabis dispensaries are growing as stock opportunities for Wall Street investors. Debates over whether cannabis dispensaries increase or decrease crime continue, but cannabis dispensaries investment continues in 2020.
Cannabis Dispensaries Investment
Cannabis dispensaries are centers of legal and regulated cannabis disbursements. Opponents argue that such dispensaries attract crime and a criminal element. But proponents of dispensaries say the opposite is true, that dispensaries actually reduce crime levels.
Cannabis dispensaries investment is a trend that will continue in 2020 as the cannabis industry increases in size both financially and legally. Dispensaries are legal and state regulated. In Canada, they are legal and licensed nationally and reviewed by province.
Dispensary Cash Businesses
Because the conventional financial community has not been fully active with the cannabis industry, dispensaries have been forced to invest in security measures to ensure their largely cash transaction businesses are safe.
Measures to ensure safety include armed guards, monitoring cameras, armored truck transportation of currency, identification protocol and other security techniques. Overall, dispensaries use the latest and most technical security systems to prevent crime. Law enforcement experts say they are safer than banks.
Cannabis Media Coverage
On Wall Street and other stock exchanges such as Toronto, cannabis stocks are rising players in the financial community. They are receiving extensive media coverage. For example, stockmarketpress.com is a media company which is spotlighting the cannabis industry and its special security needs. It discusses cannabis dispensary investment, security and other issues. Some of the stocks it recently reported on include CBD Unlimited, Inc. (OTC PINK: EDXC),), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), OrganiGram Holdings Inc. (NASDAQ: OGI) and Canopy Growth Corp. (NYSE: CGC).
Supply And Demand
Cannabis now is high profile and expanding. Dispensaries, using the latest in security technology, are careful to protect their personnel and product — especially in a primarily cash environment. Crimes is deterred by these systems. In a way, by shunning cannabis retailers, the conventional financial institutions have created a wave of ultra-safe dispensaries. Government officials are very aware of their existence and their business model. If anything, the dispensaries have issues maintaining enough inventory to meet demand. For example, look at the opening week of adult use recreational cannabis in Illinois where demand outstripped supply.
Cannabis dispensaries investment is a compelling financial growth strategy for investors in 2020. As the number of dispensaries increase, it will even be more on the forefront of portfolios in terms of stock acquisition and fiscal support in warrants and other equity/debt investments.