CURA the NEXT WEED in AmericaI use to own Canopy Corp and made a little over a million off of it.
Now Im invested in the best play in Cannabis based in the United States. The campany is called Curaleaf they have a much stronger balance sheet then what WEED-CGC had when I bought into it, and have a lot more stores and cash on hand. As you all know the U.S.cannabis market is 9x the market then WEED-CGCs Canadian play.
CURA has over 100+ of their own stores and is selling their Select Brands to over 2000 cannibis locations all accross the United States. They have a little over $1.4Billion in cash. I do NOT see Cannabis being legalized this year, BUT with NJ, NY, PA and CT all about to open up for business. CURA will be hitting the ground running. Stock is only at $20Cnd!!
So when I compare the two companies CURA is about to make profit and has already established its strong hold in 18 States. Dont be fooled with WEED-CGC the Americans know about Canada and will make sure their home grown companies get first feed regardless of the mergers WEED-CGC have in the States. CURA is larger on all scales. Remember WEED-CGC's high was $76a share. CURA is tading at just $20 as share.
Just wait for CURA to hit the American exchange and get the banking bill passed. $76 a share will be a dream buy, I do not see why CURA can not hit $150-$200 a share.
Great watch; "Curaleaf Isn't Being Built to Sell, Chairman Jordan Says
https://www.bloomberg.com/quote/CURA:CN