With operations in the U.S. or a high probability of expanding there, the Canadian marijuana stocks on list are likely going to continue to feel a buzz from the recent U.S. election.
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1. Marapharm Ventures Inc. (CSE:MDM) – $1.39 Pharmaceuticals
Marapharm Ventures Inc, located in Delta, British Columbia, is a manufacturer of medical marijuana. The Company is engaged in investing, acquiring and starting up ventures in the medical and recreational Marijuana space in North America and other countries. It was founded in April 2007.
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a diversified cannabis company. The Company, through its subsidiaries Tweed Inc. (Tweed), Bedrocan Canada Inc. (Bedrocan) and Tweed Farms Inc. (Tweed Farms), is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed’s commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year.
Market Cap: $963.44(mm)
Total Return Since November 7th, 2016: 14.3%
3. Mettrum Health Corp. (CVE:MT) – $4.15 Pharmaceuticals
Mettrum Health Corp. (Mettrum) is a producer of medical cannabis. The Company is also a licensed producer and distributer of industrial cannabis (hemp) products, including Mettrum’s functional food line, Mettrum Originals. It has a production capacity of over 12,000 kilograms of medical cannabis per year. Its total licensed production capacity is approximately 3,550 kilograms of medical cannabis per year. It produces approximately 20 strains, chosen from a genetic library of over 60 strains.
Market Cap: $196.73(mm)
Total Return Since November 7th, 2016: 2.7%
4. Maple Leaf Green World Inc. (CVE:MGW) – $0.78 Forest & Wood Products
Maple Leaf Green World Inc. (Maple Leaf) is focused on eco-agriculture and renewable energy in the environmental industry. The Company is seeking opportunities to obtain an Marijuana for Medical Purposes Regulation (MMPR) License from Health Canada and medical marijuana business in the State of California, the United States. The Company operates through the eco-agriculture segment.
Market Cap: $94.43(mm)
Total Return Since November 7th, 2016: -2.5%
*Original Source: An unedited/unabridged version of the above post originally appeared on SmallCapPower.com.
The Canadian marijuana landscape is about to change considerably in 2017. Canada’s government is in the process of allowing recreational marijuana across the country next year, so the number of customers the licensed producers can sell to should increase significantly by multiple folds in 2017 and 2018 and, as such, increasing their sales dramatically over the next few years as a result. Do you own any of the stocks of the 10 licensed producers there? If, not, perhaps you should consider doing so. This article outlines why.
Within the last six years ago, the number of Americans who support legalizing medical marijuana has risen from 70% to 90% according to polls by Quinnipiac and Gallup. Those who support overall legalization has risen from 46% to 54%. Let’s explore some of the recent news and changes to the marijuana industry that could impact the industry’s growth and accessibility for investors.
We are of the opinion that the current market for those companies in the marijuana/cannabis sector can be likened to the early days of the high-tech era and, as such, will offer many chances to create wealth in the coming months and years for those who choose to purchase shares in this new investment sector.
What is the world’s most valuable cash crop? The answer is complicated as it boils down to key factors such as: total amount planted, the rate of yield, and the revenue per unit sold. It also depends on whether we are looking at the absolute value, or the most value per acre. Read on for the answer!