Top Canna Pick 2017: What You Need to Know
The mounting catalysts for Invictus MD (TSX-V: IMH & US: IVITF)
to become one of Canada’s leading companies are in place!
I’m extremely confident and bullish about this sector. My research has led me specifically to Invictus MD and it has my endorsement as my number one pick for 2017.
- California goes recreationally-legal in January of 2018. This includes 40 million residents and 250 million yearly visitors.
- Health benefits are becoming overwhelmingly accepted.
- This is the fastest-growing sector in the world…
According to ArcView Groups, the legal cannabis market was worth an estimated $7.2 billion in 2016 and is projected to grow at a compound annual growth rate (CAGR) of 15% to more than $24 billion by 2025.
Invictus MD: The Story
In the course of rapidly developing events, in March the company closed a CAD$16.1M financing and their Alberta facility, 100% owned, received its ACMPR license, one of only 64 in the nation.
They then attracted institutional investors and raised an additional CAD$25M to accelerate the acquisitions model. They are being very aggressive and laser-focused because they want to harvest and service the potentially large demand that is expected to occur if recreational use of marijuana is legalized next year.
They have CAD$27M cash on hand, and their expansion phase has been fully funded enabling the company to increase potential growing capacity to 15,000 kg.
Due to the Company’s large cash reserves, management has indicated that there will likely be no further dilution to investors’ shareholdings this coming year. Management has uniquely positioned the company ahead of launching competitors, and the is a strategic advantage for Invictus that has caught my attention.
With one of their growing facilities in Alberta, they will take advantage of low cost electricity for their indoor growing facilities.
To get up and running in the cannabis space, there are mountains of regulatory demands and capital costs that take companies years to navigate through. Invictus has not only gotten through much of this, but they are rapidly gaining speed, only to potential be swept up into the demand that will overwhelm the space.
There is going to be a scramble for profits in the cannabis space as the floodgates of legalization are unleashed in 2018, and it’s my job to make sure that you are on the train before it leaves the station.
I’m planting our flag on what could be the biggest winner in the cannabis space as we close out 2017 and catapult into 2018 with very favorable laws that will channel funds right into the already established players in the space. I am looking no further than Invictus.
Deloitte is estimating the entire Canadian cannabis market size to be in excess of $22 billion.
This is one of the fastest-growing industries in the world,
and you are fortunate to be a part of it.
Imminent Green Rush Profit Alert:
Consider Shares of Invictus MD (TSXV: IMH & OTC: IVITF)
Chief Editor, CrushTheStreet.com
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