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04.07.2020 16:16:00

Can Cannabis 2.0 Products Boost Canopy Growth and Organigram in 2020?

There was a whole lot of hype after "Cannabis 2.0" happened in Canada in October 2019. It marked the second wave of recreational marijuana legalization in Canada. Cannabis 2.0 included cannabis derivatives products -- namely cannabis-infused edibles, chocolates, beverages, vapes, and concentrates -- while Cannabis 1.0 in October 2018 only legalized cannabis flowers and buds.Image source: Getty Images.While all marijuana companies ramped up production to grab the opportunities of this new market, Canopy Growth (NYSE: CGC) and Organigram Holdings (NASDAQ: OGI) have focused on providing the most innovative products to consumers. Surprisingly, while the COVID-19 pandemic has forced many to focus on conserving cash, these two are moving ahead with the launch of more derivatives products for this year.Continue reading
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