There are many tiny companies focused on marijuana, and even a marijuana stock index. But the nature of small stocks is explosive growth and outsized risk. It takes a fair amount of research to know who is real and who is likely to go up in smoke (pun intended). That’s why we’ve invited noted marijuana industry expert Brendan Kennedy to our Irrational Economic Summit in October to give us the inside scoop. He is the CEO of Privateer Holdings, the world’s first private equity firm investing exclusively in legalized cannabis. With the industry in its infancy, this should be a fabulous time to get in before it goes mainstream.
On May 4, Tilray announced that its cannabinoid-based products have been cleared for distribution in Cyprus. The company is working with the nation’s Ministry of Health to import and distribute Tilray Drops. “We are proud to be able to offer patients access to high-quality, pharmaceutical-grade medical cannabis products in Cyprus,” Brendan Kennedy, Tilray President, stated in a press release.