Meanwhile, the rules are still so vague that there are many gray areas, and law enforcement still frequently
targets cannabis companies.
Not exact matches
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.
MGC Global, which is currently the takeover
target of Perth - based Erin Resources, has signed a $ 60 million agreement to sell its cosmetic
cannabis product to a European cosmetic production
company.
The deal, which was
targeted to close on March 30, would allow Maricann to produce
cannabis flowers in Switzerland that would then be manufactured into products such as
cannabis vape cartridges, the
company said at the time.
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.
The Fibonacci can also grow other herbs and vegetables, but it will be
cannabis that the
company attempts to
target.