RE:Recent article I found says Abcann to be takeout target $$$$srtman03 wrote: This below must be one of the most insightful articles about the marijuana sector. Value Digger, the well-known financial author who is in TOP-100 according to TipRanks, says that CBW is one of the niche players in this new sector. Scroll down, CBW is mentioned in the 4th paragraph. This insightful article was recently posted on The Alpha Discoverer financial newsletter by Value Digger. Log in to read more marijuana stuff. The link of the article is below: https://www.themaven.net/thealphadiscoverer/general/marijuana-stocks-the-next-big-thing-or-the-next-big-short-UUpY46eiek6MZyAuv0Mmqw Many investors are piling into a fast emerging industry and the marijuana stocks are having their watershed moment. Let's start by saying that the use, possession, sale, cultivation and transportation of cannabis is illegal under federal law in the U.S. The Obama administration followed a hands-off approach while the federal government has articulated that if a state passes a law to decriminalize cannabis for recreational or medical use, it can do so, under the condition that a regulation system for cannabis is in place. Therefore, some U.S. states (Alaska, Colorado, Nevada, Washington, Washington D.C., Oregon, Maine) have already legalized cannabis, while Massachusetts and California will join the club in 2018. Meanwhile, Canada has legalized the medical use of marijuana since 2001. As a result, the Canadian producers have been growing their crops in warehouses and directly sending their products to patients by mail or courier service. Additionally, the Canadian government has introduced legislation that will legalize the recreational use of marijuana throughout the country by July 2018, fulfilling an election promise by Trudeau. As such, Canada will become the global leader in cannabis and the first developed country permitting recreational as well as medical use of marijuana. At present, only Uruguay has a national legal regime permitting widespread use of cannabis. These are some of the key points of the proposed legislation in Canada: 1) Canadians will be allowed to possess up to 30 gr of dried or fresh cannabis for personal use and can grow up to four plants at home, provided they are not more than one meter high. 2) The minimum age for recreational use of marijuana will be 18 y.o. However, provinces will have the right to change the minimum age of 18 y.o. and set a higher minimum age given that they will most likely control cannabis distribution (as they do it already with the liquor stores). 3) The federal government will impose penalties of up to 14 years in prison for selling or giving away marijuana to minors. 4) Driving will be illegal within two hours if an illegal level of drugs is found in the blood. Police will be given authority to administer a saliva test for cannabis if a driver shows signs of use, including the smell of cannabis or reddened eyes. In other words, it seems that the horse has left the barn. And we believe that Amsterdam style "coffeeshops" will eventually become more and more popular in the Canadian towns over the next years. Currently, the economic impacts from the opening of the recreational market in North America can't be accurately estimated although some project that the marijuana market in the U.S. will $50 billion a year by 2026. On that front, it's noteworthy that the Reno Gazette Journal reported that according to Marijuana Business Daily estimates, Nevada's recreational market alone could generate $75 million or more in sales this year and $450 million to $550 million annually down the road. Also, California's economy generated $2.8 billion in 2015 with $6.5 billion annually by 2020, the marijuana investment firm Arcview Group projects that cannabis will bring $1 billion annually to Massachusetts by 2020, while some of the largest legal marijuana retailers in the world are located in Colorado. Although nobody can't currently make reliable forecasts regarding the financial implications of "going weed" over the next years, we do believe that the growth of the legal cannabis market will materially affect the pharmaceutical market given that a significant number of patients could turn to medical cannabis as a substitute or complement to pharmaceuticals. Nevertheless, investors must exercise extreme caution when it comes to the marijuana sector which is in its infancy stages. Complacency is a killer no matter what the marijuana bulls want to make you believe through their speculative articles that quite often lack serious fundamental analysis. The valuable lessons learned thanks to the previous bubbles in the stock markets can help you through the bad times and can be applied to your portfolio when you stumble upon the emerging marijuana industry. As a friendly reminder, some of the recent bubbles in the stock markets include the dot-com bubble in 1999, the rare earth bubble in 2010 and the Chinese reverse merger boom and bust in 2011. At the end of the day, this is what's going to happen with the marijuana stocks: 1) The big players: Some firms will separate themselves from the pack and will grow both organically and via mergers or acquisitions, so they will eventually become large cultivation, production and distribution companies. Industry Goliaths with pockets as deep as those of Canopy Growth (WEED.T), Aurora Cannabis (ACB.T) and Aphria (APH.T) will swallow the small players and ultimately will dominate the sector. As such, it's fair to assume that there's going to be a fair amount of consolidation along the way. For instance, Canopy Growth Corp. has acquired Mettrum Health while Aurora Cannabis has acquired Peloton Pharmaceuticals Inc., Pedanios GmbH and recently made an unsolicited bid to acquire CanniMed Therapeutics (CMED.T). 2) Small and medium firms: Industry consolidation will also create a large pool of small and medium players. On that front, Friday Night (TGIFF) recently announced an all-stock acquisition of Body & Mind (BMMJ) while other potential takeover targets are Delta 9 Cannabis (NINE.V), ABCANN Global (ABCN.V), MYM Nutraceuticals Inc. (MYMMF), My Marijuana Canada (MYM.C), Global Cannabis Applications (FUAPF), Maricann Group (MRRCF) and Cannabis Sativa (CBDS) to name a few.
Interesting times are upon Abcann no doubt :) GLTA