It looks like the largest Canadian alcohol retailer wants in on the cannabis game.
The company has a market cap of $265 million, owns and operates 229 retail locations in Alberta and Alaska, and did more than $621 million in revenue in 2017.
Now this company wants to leverage its reach and expertise to cash in on Canada's high-growth recreational cannabis market.
They've just inked a $104M deal with one of the largest cannabis companies to build and operate a string of cannabis dispensaries.
I'll break down this deal and uncover the two stocks that could see big moves as these heavyweights team up.
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Editor, Cannabis Stock Trades
Analysis originally distributed on March 28, 2018 By: Michael Vodicka of Cannabis Stock Trades
Due to restrictive federal banking regulations, cannabis dispensaries are known to operate with large amounts of cash.
Copious amounts of cash have attracted criminal activity to the industry.
For example, in 2016 a security guard at a Colorado dispensary was killed.
In late summer 2017, a cannabis dispensary in San Fransisco was robbed of $600,000 in cannabis products.
Police say these kind of robberies are becoming more common.
If you poke around on the Internet, you will find hundreds of stories about criminals targeting cannabis dispensaries for cash and product.
Until the US cannabis industry is free from these restrictive federal banking regulations, cannabis dispensaries remain as hot targets for criminals.
While this is a speed bump in the long-term growth potential of the US cannabis industry, it's also creating a significant opportunity for a former military security specialist and his promising security company.
This little-known security company: Continue reading "Sales Jump 85% For Cannabis Security Company"
Analysis originally distributed on March 21, 2018 By: Michael Vodicka of Cannabis Stock Trades
Cannabis testing services is a high-growth cannabis sub-industry.
According to data from cannabis industry media company, High Times, the cannabis lab testing industry was valued at $866MM in 2016.
With more countries legalizing cannabis, demand for testing is expected to soar, with the cannabis testing industry expected to grow to $1.4 billion by 2021.
Today - I am going to reveal a little-known cannabis company cashing in big time from this high-growth sub-industry.
- Sales were up 438% in 12 months.
- It continues to expand in high-growth California.
- Shares are trading almost 50% below the 52-week high.
Evio Labs (OTC:EVIO) is a promising young cannabis company headquartered in Oregon with a market cap of $18MM.
I see a lot of growth potential for Evio. Continue reading "Cannabis Testing Company Sales Jump 438%"
Analysis originally distributed on March 14, 2018 By: Michael Vodicka of Cannabis Stock Trades
Cannabis beverages are quickly emerging as one of the fastest growing cannabis sub-industries.
For proof - look no further than Canopy Growth Corp (TWMJF), Canada's largest cannabis company.
Back in October, Canopy announced a groundbreaking $200 million investment from Constellation Brands (CONST), the third largest US beer distributor with Corona on the roster.
In the short run, news of the investment sent shares of Canopy soaring - jumping more than 100% in the next 10 weeks.
More importantly - the deal signaled an important shift in the Canadian cannabis industry. Continue reading "Canadian Cannabis Company Betting Big On Beverages"
Analysis originally distributed on January 31, 2018 By: Michael Vodicka of Cannabis Stock Trades
Arizona's cannabis industry was on fire in 2017 - setting a long list of new records. Today, I am going to show you how you can profit with a young and secretive cannabis company I like to call - the Cannabis Landlord.
2017 was a record year for Arizona's young cannabis industry.
According to an annual report from the Arizona Department of Health Services, in 2017 Arizona patients consumed more than 43 tons of cannabis products.
That is an eye-popping increase of 50% from 29 tons sold in 2016.
Take a look at the steady growth below.
The strong 2017 builds on years of impressive industry growth.
Since medical cannabis was legalized in Arizona five years ago, 130 new dispensaries have popped up across the state, with cannabis sales jumping 1,620%.
As you can see, Nevada's cannabis industry is in a long-term bull market as more patients gains access to cannabis. Continue reading "This Cannabis Landlord Is Trading At A Discount"