Amazon: A Guide on How Bezos Can Thrive in the Cannabis Space

Conclusion

As the cannabis industry continues to grow, and legislative reform continues to develop, it wouldn’t be crazy to think Amazon is eyeing the industry. It would not be the first major company to do so.

Scotts Miracle-Gro (NYSE:SMG) IPOed back in 1992, has realized some insane growth since it recently started diving into the ancillary cannabis space. These cannabis-focused investments by Scotts have synergies-galore.

In addition to Scotts, the lighting division of Philips N.V. (NYSE:PHG) has even been moving into the space due to synergies.

The main point here is that when a major company with readily available capital comes across an attractive deal that overlaps with it’s existing business — while also bringing growth opportunities for the future — it’s tough to turn down.

We’ve pretty much narrowed down Amazon’s existing synergies with the cannabis industry to the following categories:

  • Delivery & Payments
  • Smart / IOT Devices
  • Smart / IOT AgTech

If there’s another cannabis sub-sector you believe could be in Amazon’s crosshairs, be sure to drop us a comment below! If there’s any other takeaway from this article, it’s that Amazon is a force to be reckoned with.

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6 comments for “Amazon: A Guide on How Bezos Can Thrive in the Cannabis Space

  1. Chuck
    June 21, 2017 at 8:56 pm

    I would look at LDSYF as a game changer with their Canna Strips product and means of delivery like breath strips. It is going to take California by storm. http://www.lifestyledeliverysystems.com Take a look and you decide. Listen to the interview with the CEO.

    • GSN Staff
      July 11, 2017 at 7:12 pm

      Thank you for that suggestion, Chuck. We will keep it in mind. We appreciate you reading our articles and engaging with us.

      Best,

      Growth Stock Network

  2. July 2, 2017 at 3:44 pm

    Feel free to share any Marijuana/Cannabis stock article with us at https://x-cannabis.com/groups/view/21/cannabis-stock-investing-group

    Great exposure – free and easy!

    • GSN Staff
      July 11, 2017 at 7:10 pm

      Thank you James. We will keep that option in mind. We appreciate you reaching out.

      Best,

      Growth Stock Network

  3. July 20, 2017 at 2:53 pm

    I know this web site gives quality depending articles or reviews and other data, is there any other website which gives these data in quality?

    • GSN Staff
      July 24, 2017 at 9:48 pm

      Thanks for writing in. We appreciate it. Other high-quality sites we recommend are: themeshreport.com, thegoldenthusiast.com, dividendsensei.com, and dailytradersedge.com.

      Best,

      GSN Staff

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