With so many company AND sector catalysts on the way, expansions, research, provincial news, ROYAL ASCENT and a mere few months later tentatively planned JULY LEGALIZATION 2018 REC SALES, this is going to be history in the making and leave the previous year bull runs far behind in my opinion as the clock is ticking to invest in the burgeoning marijuana sector of Canada with the end of once in a lifetime prohibition and the chance for people like me to take part through the public capital markets, great times
Multiple massive provinces are still to announce their plans for the rollout of recreational marijuana sales in July 2018 tentatively, and just with the small province of NB announcing plans of an MOU with OGI, a player with quite a beaten history and recalls still saw a big day as seen below going from 2.45 to almost $3 on huge volume as investors are taking note, which could mean big things for other well positioned LP’s as other bigger provinces rollout plans soon, time seems to be running out as with every day that passes we are 1 more day closer to REC sales. In the last 2 falls we have seen huge runs and now we have even more catalysts and closer, wonder if we would see big pushes again as stocks are turning bullish and media is taking notice I am seeing it mentioned almost daily, people chit chattering
Aside from the big boys like CGC ACB APH I am also going for the smaller cap producers as the sector is in under supply and these should see big growth if they follow the same trajectory of their big brothers in the next 1-2 years in my personal opinion, i feel it is better to get in the ground floor of quality players projected for high growth, as something with 50-100-150 mil market cap can be a nice multi bagger for me when big competitors are trading at BILLION DOLLAR market caps ! Also need cash in bank with PP’s or assets, expansions planned etc as these are good factors for growth and reduced risk IMO
Note that the most recent company to get a sales license THC BioMed went up around 100% after the news came out, Beleave and HVST also expecting sales license so who knows how big they can go 1-2 weeks after news and media coverage and investors taking note
Beleave (BE) - Love me this low float rocket current price around 1.70 but already has hit almost 3 dollars !
Investor Deck https://beleave.com/wp-content/uploads/2017/06/Beleave-Deck-June-2017.pdf
- sales license on the near horizon, as per latest news release on Sept 28th Beleave completed the first 2 lots harvest, props to management and grow team for quick turnaround time! Impressive!
https://globenewswire.com/news-release/2017/09/28/1134307/0/en/Beleave-Completes-First-Harvest-at-Hamilton-Facility.html
“completed harvesting and drying its first two lots of cannabis at its Hamilton, Ontario facility; a process required by Health Canada prior to requesting a sales license. The Company will apply for a license to sell dried cannabis after it has received confirmation from a third-party laboratory that quality assurance testing results are compliant with the Access to Cannabis for Medical Purposes Regulations.”
-a total 470,000sq ft planned with phase 1 greenhouse ongoing, includes 200,000sq ft financed by Cannabis Wheaton team
-only 30mil shares outstanding (as a comparison Aurora has 300+ mil shares outstanding very diluted, this is a TIGHTLY HELD company)
- financed with warrants and good for construction costs as COO has a construction company
- largely owned by insiders and minimal insider selling
- 52 week high 2.85 just on grow license hype so I think low float + sales license + fall sector hype could be big
- BE also basing nicely in 1.70 range prepping for $2 I think
Even at $3.50 BE is under approx 150mil market cap, 100mil is more than reasonable comparing to competitors like EMC MJN EMH THC i think, thoughts??
Harvest One (HVST)
Investor Deck https://www.harvestone.com/_resources/presentations/corporate-presentation.pdf
Recent facility video https://vimeo.com/230996720
- 60% owned by insider MMJ PhytoTech, very low public float can make big moves -No insider selling as far as I can see, and some insider buying at 68 c
- Sales license imminent with harvests completed and wholesale deal already in place to sell the first harvest for immediate revenue $$$
- Second Lucky Lake facility in queue for ACMPR cultivation license
-Satipharm CBD pills in Europe and expanding also could come to Canada, great additional revenue play
-Chart has no technical resistance over 1.05 so this could be a huge blue sky breakout for this player poised for big growth, i think i will wait for 1.50+
- Operational Update on the way
THC BioMed (THC)
-Recent turnaround news of sales license and plans for sale of $6 and $4.20/g bud has been received very well by the market as thc biomed as turned very bullish
-Low market cap compared to competitors for a company with clones, oil, bud sales licenses, great stuff and recent branding by management
-Online reviews of products well received
-Sources of financing that are not very dilutive
-Clone Shipper
-Big expansions are ongoing and more news should be on the way, has hit 1.40+ in the past and now has more good news than ever and REC closing in
Emerald Health (EMH)
- Very strong accumulation base has formed for this player,
- history has shown it can easily go on a huge run over $2 in no time, and with multiple catalysts and a JV with Village Farms for massive greenhouses that will be retrofitted and receive ACMPR cultivation license could be a huge catalyst for investors
- Strong insider ownership with 1 key insider owning around more than 40% of the company I believe, aligned with shareholder growth
TerrAscend (TER)
-Very strong insider ownership, clinic network, tight float, ACMPR grow license received and sales license on horizon after completion of harvests and testing, has already hit over 1.50
-Located centrally in Greater Toronto Area
- Many stock options at 1.20 and consultants paid with 1.40 shares
CanniMed (CMED)
-Medical play with a very tight float very low dilution, only 22 million shares approx outstanding, LOW market cap
- 52 week high over $13, insider buying, good analyst consensus
- Provincial funding help for new oil facility in Saskatchewan
- oil exports to Australia and Cayman islands
- Gel caps and other proprietary forms of intake planned with research and development
MariCann (MARI)
-Recent news caused a buying opportunity in my opinion for myself, due to people getting emotional and panicking and not realizing MARI is a low market cap fully funded for big operation and also has a German facility in the works. Could be a huge player check it
I am personally with SO many great options not going to buy OGI due to past issues, recall, losses fiasco and IMH has lots of insider selling as seen below just FYI, I like to invest in winners rather than bet that losers might win again.
Note: This is just my opinion as I am looking for thoughts and discussions and comments from others, always do your own DD.