Heading straight into the 2019 Marijuana season known as the “Green Rush”, the industry now finds itself in the spotlight as one of the fastest-growing and volatile industries on the planet. Much of this has must be credited to Canada becoming the first industrialized country in the world to legalize recreational marijuana. According to Wall Street projections, Canada’s legal weed industry could net close to $6 billion in sales by 2022.
Aurora Cannabis Entering New Markets
Canadian cannabis giant Aurora Cannabis (ACB) Inc reported recently a 2-year contract has been signed and initiated to supply medical cannabis to the Italian government. Leveraging its current business matrix already set up in Germany, ACB hopes to bridge the two countries in a bid to spread across sections of Europe.
ACB will supply a minimum of 400 kg of medical cannabis to the country from its Canadian EU GMP certified facilities, routing through its Germany establishment “Aurora Deutschland”.
Analysts are still suggesting that Aurora is keen on making at least 1 major acquisition within 2019 in order to stay in the hunt for the top Cannabis company in North America, following Canopy Growths major acquisition in 2019.
….it’s stands to reason that Aurora has the infrastructure in place, and global reach especially in Europe, to disrupts Canopy growth dominance in a t-5 year period.
Wisconsin Cannabis Company Purchases 200 acre Hemp Farm and Dispensary.
Newly expanded Cannabis Farm based out of Wisconsin is making headlines again with a new acquisition of a cannabis dispensary, making it a true seed-to-consumer Cannabis company, with an additional purchase of a new growing farm expected to be completed in December of 2019. According to recent press releases, the company is now expanding their sights on entering Canada for a dual-US stock exchange listing, as they complete stock exchange uplist in the USA.
Integrated Cannabis Solutions Inc (OTC:IGPK) has announced they have entered into a contract to purchase a 200-acre farm with 160 acres of tillable land on which to grow and process hemp. The original Closing date was set for June 30, 2019, but now that they are planning to submit a S-1 registration statement (needed to uplist to a higher stock exchange) the closing date is now moved December 31, 2019. The purchase includes 4 vehicles and 4 bungalows in addition to the land.
Integrated Cannabis Solutions has also entered into a deal to acquire 11% of an operating dispensary and its management company recently valued at $12 million, in Los Angeles, CA. In exchange for 11% of the operating company and the management company the Issuer will issue 1 share of Preferred stock that can convert into $1.2 million dollars’ worth of the Common stock after the S1 has been approved and a 1-time payment of $32,000.
Upon completion of the 3 deals mentioned about Integrated will own over 50% of the Dispensary, Manufacturing facility and Distribution arm.
Martha Stewart And Canopy Growth Join Forces
Martha Stewart announced today she is joining the Canadian marijuana company Canopy Growth (CGC) as a brand ambassador and adviser to help develop products derived from cannabis for people and animals.
“I am delighted to establish this partnership with Canopy Growth and share with them the knowledge I have gained after years of experience in the subject of living,” Stewart said in a release. The pair’s first project will offer “sensible products for people’s beloved pets,”
Canopy Growth, which is the largest and most successful Canadian Cannabis company with huge sector-reach, announced the deal recently with Sequential Brands Group (SQBG), the consumer company that bought Martha Stewart Living Omnimedia in 2015.
“As soon as you hear the name Martha, you know exactly who we’re talking about,” said Canopy Growth co-CEO Bruce Linton. “Martha is one of a kind and I am so excited to be able to work alongside this icon to sharpen our CBD product offerings.”
So, Who Stands to Survive the 2020 “Green Rush? Our Metric is simple, the Top Sp1 Per Kilo producing Cannabis Growers Currently.
1. Aurora Cannabis: Approximately 662,000 kilos
2. Canopy Growth: 500,000 kilos to 550,000 kilos
3. Aphria: 255,000 kilos
4. CannTrust Holdings: 200,000 kilos to 300,000 kilos
5. The Green Organic Dutchman: 219,000 kilos
Disclaimer: This is an editorial analysis piece, and no member of EquityBulletin.com has been compensated by any of the companies mentioned.