With these key factors in mind, here is a list of 7 Canadian
cannabis companies with market values of less than $ 1 billion that will make excellent buyout targets in 2018.
I acquired three
cannabis companies with the following percentage gains at the time of writing --
One of the best strategies to profit from this trend of consolidation is to own mid-sized Canadian
cannabis companies with market caps between $ 250 million and $ 1 billion.
MedMen,
the cannabis company with west coast locations from Los Angeles to Las Vegas, wants its flagship store in New York City to contribute to their larger goal of destigmatizing use and moving beyond «stoner culture.»
Ontario - based Canopy described itself as a diversified
cannabis company with more than a half million square feet of indoor and greenhouse production capacity.
Not exact matches
Companies like Constellation also have significant experience dealing
with provincial liquor control boards — the same entities that will oversee retail and distribution for
cannabis.
This dissonance is leading to a boom in the
cannabis compliance industry,
with startups offering to help
companies navigate federal laws and regulations.
A Canadian
company called IC Potash changed its name last year to Belgravia Capital International, and intends to produce specialized fertilizers for
cannabis firms and form partnerships
with growers in Canada and the U.S. Belgravia also proposes to use «blockchain technology software» to track seed sales and quality.
Tiger Global is diving into
cannabis with an investment in marijuana compliance software
company Green Bits.
«Regulations around
cannabis are changing rapidly around the world, along
with social acceptance,» says Derek Riedle, founder and CEO of the
cannabis and lifestyle media
company Civilized.
On top of the risk of federal prosecution, IRS targeting and asset seizure,
cannabis entrepreneurs have to cope
with the hazards of conducting a business that deals mostly in cash, since a majority of traditional financial institutions — banks, credit card issuers, and payment transaction
companies — won't provide services to the industry.
But when former President Obama issued a memo during his term that encouraged banks to do business
with the marijuana industry, this loosened up access to both some banks and payment processors for
cannabis - related
companies.
-- Melissa A. Vitale, founder of Melissa A Vitale PR, a PR firm specializing in top - tier media placements that hit six - figure revenue in its first six months,
with clients including Fortune 500
companies and startups across A.I., sexual wellness, and legal
cannabis
Take Canopy, for example, the highest - valued Canadian
cannabis company and one whose shares move in lockstep
with the headlines.
A wearable technology
company founded by Perth entrepreneur Justin Miller and an Israeli medical
cannabis company are the latest businesses planning to join the rush of backdoor listings on the ASX, though the news is not all positive
with Voyager Global Group becoming the seventh
company forced to cancel an announced deal in the past 18 months.
Gleneagle Gold will make a second attempt at a reverse takeover
with plans to buy a local unlisted medical
cannabis company in a deal worth about $ 8 million.
Murdoch University has partnered
with a Perth
company which plans to use
cannabis as a medicinal product, a day after scientists from the University of Western Australia said
cannabis use could damage a person's DNA.
Neon Roots has worked
with more than 100 clients, and that roster includes
companies such as Spotify and Epson, and figures such as Snoop Dogg, for whom they created the much - lauded
cannabis - culture app Merry Jane, and author - speaker Tony Robbins.
Still,
cannabis companies have been ramping up their marketing efforts in recent months to get consumers better acquainted
with their brands and offerings now, using innovative tactics such as releasing
cannabis - inspired but drug - free products and bringing on celebrity investors.
• MedMen, a Culver City, Calif. - based
company providing management services to licensed
cannabis operators, raised $ 60 million for its
cannabis - focused MedMen Opportunity Fund, according to a filing
with the SEC.
Aside from technology, the
company is also expected to benefit from a contract it landed
with the Ontario government, which said earlier this week that it would use Shopify's e-commerce platform for
cannabis sales online and in stores as part of its plan to be the province's sole distributor of legal recreational marijuana.
I think that you're going to see tobacco
companies come out really quickly
with a
cannabis - flavoured tobacco.
Gertner got back into the
cannabis business in 2014
with PharmaCan (now Cronos Group), a holding
company that acquires or buys minority positions in licensed Canadian marijuana producers.
Former Philadelphia real estate broker turned developer David Dinenberg (he worked
with David Grasso on the Valley Square center in Bucks) says he has raised $ 2 million, from investors including Lindy Snider, daughter of Comcast Spectacor chairman Ed Snider, for his firm Kind Financial, a Los Angeles
company that bills itself «the financial solutions platform provider for the quickly - growing legal
cannabis industry.»
In Oregon, all - cash investors rushed into buy 10,000 - to 30,000 - square - foot buildings in 2014, Brooks said,
with the plan of renting them to
cannabis companies upon legalization.
Banks and insurance
companies refuse to do business
with cannabis companies because marijuana is illegal under federal law and most financial institutions are federally insured, forcing marijuana businesses to operate in cash.
On the same day, D - Pharm announced that it would merge
with a
cannabis company, without adding any further information whatsoever.
The second - largest specialty coffee chain in Canada, which has struggled to stay competitive in recent years, said on Thursday that it is partnering
with National Access
Cannabis, a marijuana retail and dispensary
company.
In an attempt to separate itself from the crowd and pivot toward a more profitable business model,
cannabis media
company MassRoots Inc (OTC: MSRT) has filed
with the SEC to introduce a cryptocurrency.
Canopy Growth Corp. reported Tuesday that it took a $ 1.6 - million loss in its fiscal second quarter, a slip that comes as the Smiths Falls, Ont. - based medical marijuana
company gears up for Canada's planned legalization of recreational
cannabis and basks in a ground - breaking deal
with a U.S. - based beer giant.
The
Company grows high quality, organic
cannabis with sustainable, all - natural principles.
The
company's new site, 420.com, is set to debut soon,
with intentions of becoming «the Amazon.com of
cannabis.»
Aphria is selling the shares to stay in compliance
with a TSX warning to
cannabis companies operating in the U.S. that they are not in compliance
with its listing requirements.
That will provide the
cannabis growers and sellers
with plenty of capital; the REIT, in turn, will offer the
cannabis companies lease - back deals so no one has to move.
He worked
with companies from a diverse array of industries including
cannabis, vertical green space appliances, mountain home design and construction, commercial real estate, bicycle parts design and manufacturing, digital advertising, jet engine repair, healthcare notification systems, restaurants, and breweries.
Evio Labs (OTC: EVIO) is a promising young
cannabis company headquartered in Oregon
with a market cap of $ 18MM.
Today, I am going to show you how you can profit
with a young and secretive
cannabis company I like to call - the Cannabis L
cannabis company I like to call - the
Cannabis L
Cannabis Landlord.
Canopy's bought deal
with BMO is the second time that the
cannabis company has managed to blaze a new trail in the industry: U.S. alcoholic beverage giant Constellation Brands Inc. purchased a nearly 10 per cent stake in Canopy last fall, the first time a major out - of - market player bought into the pot business.
AusCann Group, Inc. (ACNNF), a young Australian
company with an exclusive permit to grow and sell
cannabis, jumped 261 % in 2017.
«Subject to Health Canada's approval of Shoppers Drug Mart's application to be a licensed producer, under the terms of the agreement the
Company will supply Shoppers Drug Mart
with Aphria - branded medical
cannabis products,» a release from Aphria said.
The
company will be partnering
with National Access
Cannabis Corp., to develop and operate a chain of «NAC» dispensaries, starting in Western Canada and eventually spreading across the country.
With 159 million common shares already outstanding, the deal will value TGOD above $ 650 - million, putting it within the Top 10 most valuable Canadian
cannabis companies.
«Although the ultimate impact is currently unknown, the emergence of legal
cannabis in certain U.S. states and Canada may result in a shift of discretionary income away from our products or a change in consumer preferences away from beer,» wrote The Molson Coors Brewing
Company in its most recent filing
with the U.S. Securities and Exchange Commission.
Paragon, diode by former Miss Iowa Jessica Versteeg, is trying to standardize associate degreed regulate the
cannabis business through the ability of a changeless ledger on blockchain technology to assist the polemical plant to contend
with the massive pharmaceutical
company.
With the offering fully closed, True Leaf is the first Canadian cannabis related company to have qualified a Reg A + offering with the
With the offering fully closed, True Leaf is the first Canadian
cannabis related
company to have qualified a Reg A + offering
with the
with the SEC.
Constellation Brands moves into
cannabis with US$ 191m Canopy Growth Corp stake purchase Constellation Brands has agreed to purchase a near - 10 % stake in Canada - based medicinal
cannabis company Canopy... read more
Constellation Brands moves into
cannabis with US$ 191m Canopy Growth Corp stake purchase Constellation Brands has agreed to purchase a near - 10 % stake in Canada - based medicinal
cannabis company Canopy
Vireo last week wrote to Google's co-founders raising concerns
with the
company rejecting ads that use the words «medical marijuana» or «medical
cannabis» based on its AdWords policy.
Companies such as NaPro Research and Phylos have begun working out how to breed
cannabis varieties
with specific levels of popular terpenes — including limonene and pinene as well as myrcene, which some believe potentiates THC's effects — for a designed experience.
The 40 or so current and ex-NFL players who've joined Turley in the GCC are partnering
with marijuana
companies to advance research on how
cannabis can help
with sports - related conditions like chronic pain, brain injuries and early - onset dementia.