NEW YORK, January 30, 2017 /PRNewswire/ --
http://www.Financialbuzz.com - According to a report by Market
Research Future, the North America legal cannabis market was valued about $3.5 billion in 2015, and is projected to grow at an impressive CAGR of over 33% over the period of 2016 to
2021. The report focuses on North America - USA, Canada and Mexico, where USA is the
largest market. The research indicates that among the country markets in North America, the U.S.
and Canada's companies accumulate revenue. With strong legalization campaigns, there is a
growing approval of possessing medicinal properties, and growing acceptance among end-users. Invictus MD Strategies Corp. (OTC:
IVITF) (CSE: IMH.CN), Mountain High Acquisitions Corporation (OTC: MYHI), General Cannabis Corporation (OTC: CANN), Cannabis
Sativa Inc. (OTC: CBDS), Aurora Cannabis (OTC: ACBFF)
Some of the change in public perception has proven itself productive during this election cycle, when more states have voted
in favor of cannabis legalization for recreational use, including in the state of California,
the largest cannabis market, where previously only medical use was legal. Canada is expected to
take measures to legalize cannabis for recreational use later this year. A new research by CIBC World Markets claims
legalizing marijuana in Canada could create a $10 billion annual
industry, as reported by Global News.
Invictus MD Strategies Corp. (OTC: IVITF) (CSE: IMH.CN) targets cannabis companies with proven brands, strong customer
focus, and significant growth potential. The company provides capital to meet these objectives and also years of management
experience. Invictus MD works in partnership with management teams to increase shareholder value through business planning and
process integration, developing and executing growth strategies, leveraging experience and relationships, and structuring and
deploying the proper capital to support long-term growth.
On January 26th, Chairman and CEO of Invictus MD Dan Kriznic provided an update to shareholders,
"2016 was a transformational year for Invictus MD. The Company's majority interest in Future Harvest Development Ltd. ("FHD"),
initially purchased in February 2015, has performed exceptionally well. FHD produced record sales
in 2016 as the burgeoning market for commercial hydroponics products continued to show an appetite for FHD's unique lines of
nutrients and equipment. Despite 50% year over year sales growth in 2016, the company is confident that FHD's best growth is
still ahead. The timely acquisition of a bottling line and exceptional performance and leadership of key hires are leading an
expansion into the fertilization sector, where key growth opportunities have been identified. Under the direction of Chris Pearson and newly hired research consultant from the University of British Colombia Dr. Paul Shipley, and head bioengineer Justin Pearson, FHD's Plant Life Products
and Holland Secret brands are successfully competing for and winning fertilizer market share. The fertilizer brands, along with
the continuing success of companion metering product Grow Boss is earning the company a significant and growing position in the
commercial hydroponics market.
The sale of FHD's Sunblaster lighting line for $4.8 million in cash allowed the company the
opportunity to issue a $0.07/ share dividend in December 2016 to
Invictus MD shareholders for a total of approximately $1 million. The company remains committed to
identifying undervalued cannabis industry assets and delivering that value to the shareholders."
Holding company, Mountain High Acquisitions Corporation (OTCQB: MYHI) is focused on the commercial hemp and Cannabidiol
products industries. The Company is a real estate investment firm whose primary focus was to hold, develop and manage real
property. The Company focuses on acquiring and equipping commercial facilities to be leased to and utilized by the commercial
marijuana industry in Colorado. Its subsidiary, GreenLife BotaniX Inc., manufactures cosmetic
products that contain hemp extracts, CHE (concentrated hemp extracts). CHE is a unique blend of rare and exotic ingredients taken
from industrialized hemp. By isolating and then concentrating the more beneficial extracts of the hemp plant, their scientists
have managed to create something both unique and amazing. Engineered at its cGMP & FDA certified laboratories, CHE has been
formulated to rejuvenate, repairing the skin.
General Cannabis Corporation (OTCQB: CANN) is the comprehensive resource for top quality service providers available in
the regulated Cannabis Industry. The company provides cultivation, production and retail side of the cannabis business through a
combination of strong operating divisions such as real estate, consulting, security, financing and the distribution of important
infrastructure products to grow facilities and dispensaries. As a synergistic holding company, General Cannabis subsidiaries are
able to leverage the strengths of each other. Its subsidiaries include GC Capital, Next Big Crop, Iron Protection Group, and
Chiefton Supply.
Cannabis Sativa Inc. (OTCQB: CBDS) develops and promotes natural cannabis products. The Company is engaged in the
research, development and licensing of natural cannabis products, including cannabis formulas, edibles, topicals, strains,
recipes and delivery systems. The Company plans to develop, produce and market products through joint ventures with companies
licensed under state regulations applicable to cannabis businesses. It holds the license for a medicinal cannabis strain called
NZT, a cannabis lozenge delivery methodology, and a cannabis trauma cream formula. The Company is also developing a third strain
of cannabis plant named CT22. The Company also conducts its operations through its subsidiary, Wild Earth Naturals. Wild Earth is
an herbal skin care products formulation and marketing company that plans to target the natural healthcare products market in
the United States and abroad. It offers Go Deep, Go Deep EXTRA,
Face Garden, Body Garden and Lip Garden.
Canadian owned and operated company, Aurora Cannabis (OTCQB: ACBFF), grows its plants in the shadow of the Rockies in
Mountain View County, that are carefully brought to harvest in its purpose-built 55,200 square foot facility. Fed with water from
the Canadian Rockies, raised in a state-of-the-art facility designed to produce the cleanest, safest medical cannabis available
on the market. The company offers cannabis products of THC, Cannabidiol, Indica, Sativa, and Hybrid.
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