Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp > A thought from Deloitte on ALL Canadian weed product sales

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Comment by frankmanon Oct 12, 2019 3:23am

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RE:RE:A thought from Deloitte on ALL Canadian weed product sales

As a commodity I’ll take $4 billion~ in legal sales for the first year. Illegal pot sales reminds me of artisanal gold mining on properties of legal mining companies, albeit larger scale. I do like the capital expenditure ratio to building a mine. However agree that medical weed will dominate the near future fur Invictus. As for valuations most never factored in the massive capex grab with expansion plans (see Canopy). At least for now Invictus is shaving costs.

Deloitte estimates the total cannabis market in Canada, including medical and illegal as well as legal recreational products, is expected to generate up to $7.17 billion in total sales in 2019. Legal sales are expected to contribute more than half of this total – up to $4.34 billion – in the first year.

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