When a formerly illegal industry comes out of the shadows, it takes a little time for folks to legitimize things properly. In the medical marijuana arena, one thing has always been missing that's kept the industry from being truly recognized by insurance, the medical establishment, and large companies that could make use of the products. That element has been data.
Canabo Medical (CMM.V) is a chain of clinics that help patients navigate the marijuana world in an interesting way, that gathers immense levels of data, and turns it into an ongoing and fast growing research project to be utilized by patients, doctors, academics, and even growers.
We talked to Canabo Director Dr Neil Smith about how his company is less a weed play, and more a biotech big data opportunity that could help the entire industry become mainstream at last.