equity guruInvestment Information for Millennials and Madmen Exclusive resource, tech and cannabis industry analysis by Chris Parry and his team Current Focus: First Cobalt: (FCC.V) LiCo Energy Metals: (LIC.V) Tinley Beverage Company: TNY.C Canabo Medical: CMM.V Ceylon Graphite: CYL.C Prize Mining: PRZ.V Cobalt Power Group: CPO.V Cobaltech: (CSK.V) Manganese X: MN.V Vinergy Resources/MJ Biopharma: (VIN.C) Nexus Gold: NXS.V Finore Mining: FIN.C Invictus MD Strategies: IMH.C Metalla Royalty & Streaming: (MTA.C) Quadron Capital: (QCC.V) Emblem Cannabis: EMC.V CannaRoyalty Corp: CRZ.C Golden Leaf Holdings: GLH.C Lifestyle Delivery Systems: LDS.V Potash Ridge: PRK.T Menu WeedMD (WMD.V) lands on the markets with $53m valuation Chris ParryApril 27, 20170 Twitter Facebook tada With valuations of medical marijuana producers in Canada infamously having flown into crazytown territory over the last year, its jarring to see a new entrant land on the exchange with only a $53 million market cap. But thats the tale of the first day of WeedMDs public markets life. With a 26,000 sq. ft. facility in Aylmer Ontario, a license to produce (though not yet sell), a commercial extraction lab expected to be ready by Q2, and plans to grow out to 220k sq. ft, comparables in the space show far higher valuations than the ominously tickered WMD. Beleave (BE.C), as an example, is at the pre-licensing inspection stage and has a $55m market cap, while Maple Leaf Grow World (MGW.V), which has as many marijuana grow licenses as I do, sits at a $67m value. Trading opened in the $1.20 range before petering down to $0.80 and ending around $0.90, with 4.3m volume. WeedMD rolled into the old Aumento Capital shell and has stated their focus is and will be on supplying product to seniors, the medical industry, and long term care.