Saturday , 27 May 2017

Is One of These 5 Junior Marijuana Stocks Ripe For Acquisition?

Canopy Growth Corp. (TSX: WEED) has become the world’s largestmarijuana2 cannabis company, with a market cap of over $1B, after acquiring Mettrum Health Corp. for a 42%+ premium. That merger may lead to more industry consolidation, as Canada’s cannabis market continues to bud. As such, the search is now on for the next junior marijuana stock that is ripe for acquisition.

Written by

To help in that search we identify below five Canadian marijuana takeover targets based upon their high revenue growth profiles.

1. Aphria Inc. (TSXV: APH) – $6.51 Canadian

Aphria Inc., formerly Black Sparrow Capital Corp., is a Canada-based company, which is engaged in producing and selling medical marijuana through retail sales and wholesale channels, and is also engaged in the research and development, and commercial production, of cannabis oil.

The Company’s retail sales are sold primarily through the Company’s online store, as well as telephone orders while its wholesale shipments are sold to other Medical Purposes Regulations (MMPR) Licensed Producers.

  • Market Cap: $731 million CAD
  • Revenue (FY0, CAD): $8,433,930 CAD
  • Expected Revenue (FY1,):  $20,569,830 CAD
  • Revenue Growth (Y/Y): 143.9%

2. Aurora Cannabis Inc. (TSXV: ACB) – $2.60 Canadian

Aurora Cannabis Inc. is engaged in the production and sale of medical cannabis.

The Company’s product types include Tetrahydrocannabinol (THC), Cannabidiole (CBD), indica, sativa and hybrid…The THC product is responsible for the felt from cannabis and is connected to the immune system regulating, anti-inflammatory and pain relieving properties of medical marijuana.

  • Market Cap: $786 million CAD
  • Revenue (FY0): $1,439,270 CAD
  • Expected Revenue (FY1):  $32,291,000 CAD
  • Revenue Growth (Y/Y): 2,143.6% is so convinced you’ll love their 1-stop financial website they are raffling off an iPad Pro to those who registers here by June 30, 2017. For more information please read the contest Terms and Conditions.
800+ authors contribute to so check it out, register here and then program the site to provide you with exactly what you want by topic and author.

3. CanniMed Therapeutics Inc. (TSX: CMED) – $11.95 Canadian

CanniMed Therapeutics Inc. is a Canada-based plant biopharmaceutical company that specializes in the production of pharmaceutical-grade cannabis and offers a range of pharmaceutical-grade cannabis products. In addition, the Company has a plant biotechnology research and product development program focused on the production of plant-based materials for pharmaceutical, agricultural and environmental applications.

The Company, through its subsidiary CanniMed Ltd, offers medical cannabis oils, dried medical cannabis, vaporizers, vaporizer parts and accessories.

  • Market Cap: $246 million CAD
  • Revenue (FY0): $5,788,000 CAD
  • Expected Revenue (FY1):  $19,834,000 CAD
  • Revenue Growth (Y/Y): 242.7%

4. OrganiGram Holdings Inc. (TSXV: OGI) – $2.72 Canadian

OrganiGram Holdings Inc., formerly Inform Exploration Corp., is a Canada-based company, which operates through its subsidiary Organigram Inc.which is a licensed medical marijuana producer as regulated by Health Canada under the Marihuana Medical Access Regulations (MMAR) of the Government of Canada.

  • Market Cap: $274 million CAD
  • Revenue (FY0): $6,127,630 CAD
  • Expected Revenue (FY1):  $12,743,800 CAD
  • Revenue Growth (Y/Y): 108.0%

5. Supreme Pharmaceuticals Inc. (CSE: SL) – $1.80 Canadian

Supreme Pharmaceuticals Inc. is a Canada-based development-stage company focused on developing businesses in the cannabis market, with a specific focus on the wholesale sector of the medical cannabis market in Canada.

The Company operates an approximately 342,000 square foot greenhouse facility located in Kincardine, Ontario.

  • Market Cap: $278 million CAD
  • Revenue (FY0): $0
  • Expected Revenue (FY1): $3,245,000 CAD
  • Revenue Growth (Y/Y): n/a
If you want more articles like the one above: LIKE us on Facebook; “Follow the munKNEE” on Twitter or register to receive our FREE tri-weekly newsletter (see sample here , sign up in top right hand corner).