Scarce raw materials are valuable
The fact that Canada has now allowed its citizens to buy cannabis and own it, within certain limits, was a sensation. In Nunavut, Newfoundland and Saskatchewan the goods soon became scarce and there were waiting times for the deliveries. Even now, more than four weeks later, the deliveries cannot keep up with the orders. Even in Germany, where the plant is only approved for medical use, there have been delivery problems.
At that time, the Netherlands and Canada helped to procure supplies. One company that will soon supply cannabis is RavenQuest BioMed - https://www.commodity-tv.net/c/search_adv/?v=298617. RavenQuest BioMed has mastered the application procedures prescribed by Health Canada with flying colours, so that the necessary licences can now be issued. The company has two growing rooms filled with plants. In the coming weeks will be harvested. Full capacity is expected to be reached at the beginning of 2019.
Supply and demand are essential for the price. Should further regularisations in other countries follow, the cannabis market should continue to grow accordingly. Gold is a completely different commodity that has been in demand for thousands of years and for which a lower production volume is predicted for the next few years. Crises and currency fears are driving gold prices. This also includes the debacle surrounding the Italian state budget, which makes gold more interesting for the investment community as a safe haven.
In the Yukon, in Canada, White Gold - Agnico Eagle and Kinross Gold are involved - is working on more than 420,000 hectares of land covering more than 40 percent of the White Gold district - https://www.commodity-tv.net/c/search_adv/?v=298689. Recent drilling has revealed fantastic values of up to 130.9 grams of gold and up to 400 grams of silver per tonne of rock.
Current corporate information and press releases from RavenQuest BioMed (https://www.resource-capital.ch/en/companies/ravenquest-biomed-inc.html) and White Gold (https://www.resource-capital.ch/en/companies/whitegoldcorp.html).
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