Question

Title: The cannabis industry has a number of 'tremendous' tailwinds: 'The Big Short's Danny Moses

"I've never seen a sector have the political tailwinds, the economic tailwinds, and the wellness tailwinds that this sector potentially has," Meridian Capital Partners' Danny Moses says.

"The cost of capital would go down dramatically" for marijuana companies if they can get banking services, he says.

Question: 1) what do you think about this topic

2) give your thoughts and opinions

Answer 1

1.

This topic talks about the different types of support, the marijuana industry is getting, making it as an industry that can grow fast with lower expectations in terms of lower cost of capital. Lower cost of capital, means higher prices of the share. It will happen when the industry will be financed by the banks and recognition of the industry will be enhanced.

2.

My thoughts & opinion are:

A. There should be careful consideration towards the industry. It is good that industry is getting legalized and getting support. But, changing the mindset and work culture of the people in high level of ownership is also very important.

B. There should be careful consideration when allowing the legalized usage of the products produced by the industry.

C. Banking services should be granted to the industry, but with strict terms and conditions so that non performing assets are not created.