Clone Banking is the single greatest “Hidden Wealth Driver” of the Cannabis industry as a whole. Cloning keeps the supply chain consistent in a growing retail market that requires a constant increase in the number of Clones, to be able to grow efficiently and bring the harvest to supply a booming appetite. Cloning allows us to jump start the growth cycle and increase productivity.
Cloning is the science of cloning select strains of plants from “Mother” plants and transferring the genetic material to thousands of other plants from a single clipping that duplicates the original plants desired profile target, including THC or CBD content, appearance, fragrance, taste and medical effect.
Upsizing Outlook on U.S. Addressable Market
We are revising up our outlook for the total U.S. addressable cannabis market by ~$5 bn, as we now look for the industry to generate $80 bn by 2030 (vs.~$75 bn previously). The main drivers behind the increase are higher expected incidence rates for both past month and past year cannabis consumers across both the 18-25 and 26+ age cohorts, as recently reported incidence growth exceeded our expectations.