At first glance, CannaRoyalty might look like yet another Canadian marijuana business. It’s based in Ottawa. CannaRoyalty stock is listed on Canada’s New Stock Exchange (CNQ). And the company has funded revenue streaming deals with several small Canadian marijuana growers. But CannaRoyalty isn’t your typical Canadian marijuana stock.
Although CannaRoyalty remains active in funding deals in Canada, California is where the real action is for the company. Thanks to some strategic acquisitions, CannaRoyalty ranks as the largest distributor of legal cannabis products in the state. As the company states to investors, “Canada is big. California is huge.”
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Source: https://ift.tt/2P0XwzR reposted by Cannabis News World . Original article by