Every time I read this, it puts a huge smile on my face.
Do they really believe "The Market" is short right now?
This is the Part of Cannabis you fucks don't get!
.
Is funny to witness.
cheers Russian Ears!
Health Canada is projecting that cannabis demand will reach one million kilograms per year by the end of 2018. Cannabis supply currently sits at an estimated 300,000 kilograms. This represents a projected 700,000 kilogram supply shortfall by the end of this year. Companies that could be counted on to cover the projected shortfall include
The Globe and Mail reported that the legal cannabis industry has captivated investor interest in Canada, and that money has been pouring into cannabis stocks since last year. This interest is heating up as legalization approaches later this year, with some industry analysts predicting that store shelves could be emptied on the very same day that retail pot sales are legalized.
xxxx is one company that is gaining momentum to provide the cannabis required to meet the projected supply shortfall.
Adding to a recent flurry of acquisitions, xxxx Inc. just announced an xxx with intent to acquire 100% of Wxxxxx Limited, a late-stage applicant with Health Canada in the development of a 125,000-square-foot cannabis growing facility on B.C.'s Sunshine Coast.
This would nearly double xxxxxxx Inc.'s potential cannabis growing capacity, as the company rapidly expands its portfolio of licensed facilities. xxxxxxa would be Raxxxxxd Inc.'s first 100 percent owned, large-scale facility near Vancouver, which is one of Canada's largest cannabis markets. With its already completed acquisitions of producers such as Bxxxxx and Alberta Green Biotech, Raxxxxxnc. has penetrated markets across Canada.
The Race To Meet Demand Is On
Cannabis companies are working to meet Health Canada's projected supply shortfall. The cannabis stocks that have soared so far are the ones belonging to companies that have licenses and the production capacity to grow the plants.
At a current market cap of $79 million and trading at $0.86 per share, xxxxx Inc. is primed to be one of the new competitors to make moves for mass cannabis production. The company is trading at a fractional valuation compared to a giant like Axxxxxxxis that is valued at over $3 billion.xxxxxxxk reached a high of $12.30 this year, and is currently trading at $7.50.
What will be key is the numbers surrounding square footage space available for expansion. With all its recent industry acquisitions, Rxxxxxxxxd Inc. could soon be counted among industry giants like Cxxxxx
In addition to strategically gaining ground by acquiring growing facilities, xxxxxxxInc. has already proven it can outproduce common flat-table growing spaces with its circular growing technology. Their orbital gardens can produce more grams per square foot than any producer in the cannabis industry- up to 1,500 grams, where a typical flatbed environment produces approximately 130 grams. That's a production increase of 1,500 percent.
Overall, the company's continuously expanding growing operations and healthy cash reserves place them in a unique equity position. Growth at this capacity could have cannabis investors seeing green in the near future. Last month the company completed the final tranche of $26.4 million in private financing.
Building The Biggest Cannabis Farms In The World
xxxxxxxxc. looks set to join the industry titans as they have acquired more licensing and growing capacity than anyone in the country on Indigenous lands. The company struck a deal with Alberta's Fort McMurray First Nation 468 late last year to take the lead on licensing, engineering and architecture for a 24,000-square-foot licensed growing facility that is set to open in 2019. This partnership recently evolved into an MOU which would give RavenQuest a 30% stake in a 10x expanded project at 250,000 square feet, which will make it one of the largest cannabis farms in the world, all on tax-advantaged sovereign Indigenous land.
This is a significant competitive advantage because it will open up opportunities to rapidly expand production in the future, which on its own could potentially make Rxxxxxxxxxd Inc. uniquely suited to rapidly meet demand shortfalls.
Potential Comparables:
xxxxxxxxxxxxxxxxxxxxxxxroup, the first cannabis stock listed on the Nasdaq, operates two licensed producers regulated under Health Canada's ACMPR: xxxxxxxxxxxxxxxxxo), which was the first non-incumbent medical cannabis license granted by Health Canada, and Original British Columbia, based in the Okanagan Valley. The company has multiple international production and distribution platforms, including Germany, Israel and Australia.
xxxxxxxxxxxxxxxxxxxxxx is a licensed producer of medical cannabis with a 55,200-square-foot facility in Mountain View County, Alberta, and operates another 40,000-square-foot facility known as Aurora Vie in Pointe-Claire, Quebec. Recently, Aurora entered an agreement to buy CanniMed Therapeutics Inc., another Canadian-based medical cannabis company.
xxxxxxxxxxxxxxxxxx -
xxxxxxxxxxxxxxxx. is a licensed producer of medical marijuana in Canada. The company is focused on producing the highest-quality, condition-specific medical marijuana for patients in Canada. Its portfolio includes dry cannabis and cannabis oil, along with accessories like vaporizers.
xxxxxxxxxxxxxxxxxx through its wholly owned subsidiary ExxxxxxxxxxxxCorp., is a fully integrated licensed producer and distributor of medical cannabis under Health Canada's ACMPR. Led by a team of cannabis experts and former healthcare and pharma executives, it has three distinct verticals - cannabis production, patient education centre and pharmaceutical dosage form development.
Cannabis Developments Drawing Investor Attention
The estimated $8 billion cannabis industry looks set to keep growing as legalization looms. The race is on for cannabis companies to obtain coveted growing licenses in an industry that could have massive profit potential due to the predicted supply shortfall. xxxxB) (OxxxxxTxF) is emerging as an industry leader, rapidly acquiring the space they need to make a big contribution to the national cannabis supply.
as Turmel would say
HAR HAR HAR
Do they really believe "The Market" is short right now?
This is the Part of Cannabis you fucks don't get!
.
Is funny to witness.
cheers Russian Ears!
Health Canada is projecting that cannabis demand will reach one million kilograms per year by the end of 2018. Cannabis supply currently sits at an estimated 300,000 kilograms. This represents a projected 700,000 kilogram supply shortfall by the end of this year. Companies that could be counted on to cover the projected shortfall include
The Globe and Mail reported that the legal cannabis industry has captivated investor interest in Canada, and that money has been pouring into cannabis stocks since last year. This interest is heating up as legalization approaches later this year, with some industry analysts predicting that store shelves could be emptied on the very same day that retail pot sales are legalized.
xxxx is one company that is gaining momentum to provide the cannabis required to meet the projected supply shortfall.
Adding to a recent flurry of acquisitions, xxxx Inc. just announced an xxx with intent to acquire 100% of Wxxxxx Limited, a late-stage applicant with Health Canada in the development of a 125,000-square-foot cannabis growing facility on B.C.'s Sunshine Coast.
This would nearly double xxxxxxx Inc.'s potential cannabis growing capacity, as the company rapidly expands its portfolio of licensed facilities. xxxxxxa would be Raxxxxxd Inc.'s first 100 percent owned, large-scale facility near Vancouver, which is one of Canada's largest cannabis markets. With its already completed acquisitions of producers such as Bxxxxx and Alberta Green Biotech, Raxxxxxnc. has penetrated markets across Canada.
The Race To Meet Demand Is On
Cannabis companies are working to meet Health Canada's projected supply shortfall. The cannabis stocks that have soared so far are the ones belonging to companies that have licenses and the production capacity to grow the plants.
At a current market cap of $79 million and trading at $0.86 per share, xxxxx Inc. is primed to be one of the new competitors to make moves for mass cannabis production. The company is trading at a fractional valuation compared to a giant like Axxxxxxxis that is valued at over $3 billion.xxxxxxxk reached a high of $12.30 this year, and is currently trading at $7.50.
What will be key is the numbers surrounding square footage space available for expansion. With all its recent industry acquisitions, Rxxxxxxxxd Inc. could soon be counted among industry giants like Cxxxxx
In addition to strategically gaining ground by acquiring growing facilities, xxxxxxxInc. has already proven it can outproduce common flat-table growing spaces with its circular growing technology. Their orbital gardens can produce more grams per square foot than any producer in the cannabis industry- up to 1,500 grams, where a typical flatbed environment produces approximately 130 grams. That's a production increase of 1,500 percent.
Overall, the company's continuously expanding growing operations and healthy cash reserves place them in a unique equity position. Growth at this capacity could have cannabis investors seeing green in the near future. Last month the company completed the final tranche of $26.4 million in private financing.
Building The Biggest Cannabis Farms In The World
xxxxxxxxc. looks set to join the industry titans as they have acquired more licensing and growing capacity than anyone in the country on Indigenous lands. The company struck a deal with Alberta's Fort McMurray First Nation 468 late last year to take the lead on licensing, engineering and architecture for a 24,000-square-foot licensed growing facility that is set to open in 2019. This partnership recently evolved into an MOU which would give RavenQuest a 30% stake in a 10x expanded project at 250,000 square feet, which will make it one of the largest cannabis farms in the world, all on tax-advantaged sovereign Indigenous land.
This is a significant competitive advantage because it will open up opportunities to rapidly expand production in the future, which on its own could potentially make Rxxxxxxxxxd Inc. uniquely suited to rapidly meet demand shortfalls.
Potential Comparables:
xxxxxxxxxxxxxxxxxxxxxxxroup, the first cannabis stock listed on the Nasdaq, operates two licensed producers regulated under Health Canada's ACMPR: xxxxxxxxxxxxxxxxxo), which was the first non-incumbent medical cannabis license granted by Health Canada, and Original British Columbia, based in the Okanagan Valley. The company has multiple international production and distribution platforms, including Germany, Israel and Australia.
xxxxxxxxxxxxxxxxxxxxxx is a licensed producer of medical cannabis with a 55,200-square-foot facility in Mountain View County, Alberta, and operates another 40,000-square-foot facility known as Aurora Vie in Pointe-Claire, Quebec. Recently, Aurora entered an agreement to buy CanniMed Therapeutics Inc., another Canadian-based medical cannabis company.
xxxxxxxxxxxxxxxxxx -
xxxxxxxxxxxxxxxx. is a licensed producer of medical marijuana in Canada. The company is focused on producing the highest-quality, condition-specific medical marijuana for patients in Canada. Its portfolio includes dry cannabis and cannabis oil, along with accessories like vaporizers.
xxxxxxxxxxxxxxxxxx through its wholly owned subsidiary ExxxxxxxxxxxxCorp., is a fully integrated licensed producer and distributor of medical cannabis under Health Canada's ACMPR. Led by a team of cannabis experts and former healthcare and pharma executives, it has three distinct verticals - cannabis production, patient education centre and pharmaceutical dosage form development.
Cannabis Developments Drawing Investor Attention
The estimated $8 billion cannabis industry looks set to keep growing as legalization looms. The race is on for cannabis companies to obtain coveted growing licenses in an industry that could have massive profit potential due to the predicted supply shortfall. xxxxB) (OxxxxxTxF) is emerging as an industry leader, rapidly acquiring the space they need to make a big contribution to the national cannabis supply.
as Turmel would say
HAR HAR HAR