GREY:ISCNF - Post Discussion
Post by
maysilverstone on Jun 15, 2021 5:37pm
$IPOT- An cannabis company to add to portfolio
With Israel just electing a new PM, cannabis going to be legalized very soon. To make bank on the new laws, a great Israel-associated cannabis company to add to your portfolio is $IPOT.
Up 4.3% today to $0.24, Isracann Biosciences is an Israeli-based cannabis company that is focused on offering low-cost production targeting undersupplied, major European marketplaces.
They have completed all requisite construction/infrastructural installations in preparation for the commencement of planting and production at its Hefer Valley-based Ein Hahoresh Farm, and they are just waiting for an inspection of the facility.
The European cannabis market is expected to see a 29.6% CAGR from 2020-2027, with the EU medical market estimated to be $64B USD by 2028. Israel itself is among the highest cannabis use per capita in the world at over 27%, representing a massive market.
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