Investor Demand Increases and 12 Stories of New Cannabis Companies – New Cannabis Businesses



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This is a copy of the July 29 edition of our weekly newsletter, which we have been publishing since October 2015.

Only four weeks ago, we reflected on the first half of the year. year and were optimistic about the second half, suggesting that we expect friendly capital markets to open the door to higher quality US cannabis advertising, primarily through the Canadian stock market.

July was an exciting month. that intensify their multi-state operations by choosing to become public in Canada. We have reported several this week, and there have been others this month, such as Trulieve in Florida and two of the largest operators in Nevada. CBH's leading supplier of hemp-based Canadian IPO Charlotte & # 39; s Web has been well received, the deal is expected to close this week and begin trading the following week. We interviewed 4Front CEO, Josh Rosen, earlier this month, who discussed the company's plans to be listed at CSE after the close of a $ 13.4 million fundraiser. dollars. Gotham Green Partners also invested $ 15 million in Flow Kana, while Green Thumb Industries was able to raise $ 80 million in a contract purchased shortly after its IPO, at a price higher than its pre-funds hike. -public. 42%

Investor demand has recovered since April, when the tone at the federal level has gone from negative to rather positive. Although the way across Canada is not new, we believe that some of the early successes, such as CannaRoyalty, iAnthus and MPX Bioceutical, which have been trading for more than a year with significant gains thereafter, have paved the way for investors. The United States needs to be more confident about the US trading structure of CSE while supporting OTC quotations. This confidence helped the beginnings of GTI and MedMen, which rebounded from initial weakness to post a new high. Many US investors have missed the impressive gains in Canada and see this as an opportunity to enter an early stage into an even bigger market.

One of the reasons to invest in US state operators is their ability to consolidate a highly fragmented market. In Canada, we continue to see consolidation, but, for the most part, the buyer is a relatively new company that buys a relatively new private producer or perhaps a public producer. In many cases, the acquisition objectives did not generate substantial income. In contrast, multi-state operators in the United States have the ability to develop new licenses as states open or acquire relatively advanced operators, with market shares, revenues and even a positive EBITDA. SLANG, for example, acquires one of the largest companies in the United States in terms of revenue, Organa Brands (formerly O.penVAPE), a story that has not been widely reported but which is the largest in the world. 39, one of the most exciting M & A deals in the United States.

Although we are always cautious about the fact that optimism towards the federal government does not interfere with the industry could be unjustified, we are encouraged by the drastic change of feeling in recent years and advise our readers to buckle! Prepare for securities of the highest quality companies in Canada by the end of the year


MPX Bioceutical will present its results from fiscal year 2018 [19659008Monday and will hold a conference call ] Tuesday . The company is expected to report sales of C $ 6.9 million in the fourth quarter, up 54% from the third quarter. To learn more about MPX, visit Investor Dashboard of the company we maintain on its behalf, click the blue Follow Company button to stay up to date with their progress.


New Cannabis Ventures publishes selected articles as well as exclusive news. Here are some of the most interesting business contents of this week:


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Regards,

Alan & Joel

  NCV Newswire
NCV Newswire from New Cannabis Ventures aims to organize high quality content and videos. information on the major cannabis companies to help our readers filter the noise and stay abad of the most important news in the world of cannabis. The NCV Newswire is run by an editor and is not automated anyway. For questions contact us.

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In this article:

ACB, ACBFF, APH, APHQF, Aphria, Aurora Cannabis, CV Science, CVSI, Dixie Brands, Emblem, EMC, EMMBF, Flowr, Leaf, LHS, lhsif, Liberty Health Sciences, LivWell, LivWell International, MEDFF, MedReleaf, Namaste Technologies, Organa Marks, PalliaTech, slang, flower corp



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