This Technology Could Make Pot Stocks Profitable
It isn't impossible for cannabis stocks to report profits, but finding stocks in the industry that can do so consistently is another story. That's one of the reasons many investors steer clear of the industry, as a lack of profitability and lots of cash burn have made the sector a very risky one to invest in. Two Israeli companies are researching an exciting new technology that could change the outlook for the industry, which could help cannabis companies improve their margins.
Two Israeli companies, medical marijuana provider Cann10 and biotech company Epigenetics, are working together on a way to modify a cannabis plant to produce higher yields. Through a joint company called Cann10 EpiGen, they will be researching a breeding technology in the coming weeks. The technology is based on epigenetics, which involves DNA modifications that do not change the sequence of DNA. It's been successful with increasing the yields of agricultural crops like tomatoes and corn by increasing photosynthesis. Now we'll see whether the same approach works with cannabis.
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