What we are discussing today will move faster than the unleashing of alcohol prohibition in the 1930s. We’ve seen what happened in 2018 with the legalization of cannabis in jurisdictions like California and Canada, and what has taken place will be a subject of discussion 100 years down the road. The profit implications will be game-changers for early movers.
A fast and furious chain of events are taking place to build out the infrastructure of the cannabis industry!
The early stage of high-risk, high-reward potential in the cannabis space is right now.
***Recommendation: Consider shares of International Cannabis Corp. (CSE: WRLD.u & US: WLDCF)***
As I discussed in yesterday’s email, there are two bills in congress (Secure and Fair Enforcement (SAFE) Banking Act of 2019 and STATES Act) that are going to GREATLY further the buildout of the cannabis industry here in the U.S. if passed, and a butterfly effect will spread globally. Even if they don’t pass, they’re chipping away more and more of the walls that are keeping literally billions of dollars on the sidelines to sweep into this sector.
In today’s interconnected world, you’ve got to think globally as an investor. That’s especially true with cannabis investing. In fact, global spending on legal cannabis is expected to reach $63.5 billion by 2024. The trajectory is straight north, and my goal is to fully immerse myself in a financial windfall in the process:
This is exactly what the beginning of a bull market looks like: a huge infusion of capital coming in and world governments opening the floodgates with changes in government policies and regulations.
At Crush The Street, I have personally been studying this phenomenon and have uncovered one of the most profitable and aggressive companies in the cannabis space that is tapping into the global markets.
A multinational focus makes perfect sense because the cannabis market isn’t limited to just one region or demographic segment and it will play right into the hands of International Cannabis Corp. (CSE: WRLD.u & US: WLDCF).
This is a company with a very solid financial position, having just raised CAD$45 million. It’s operating in 16 different countries and just locked in a deal where they will experience 85% profit margins on 30 million grams, which is expected to sell for 8+ euros per gram.
We are right now experiencing groundbreaking news coming from the company having announced its definitive agreement to acquire 49.9% of an international asset and license portfolio from Wayland Group.
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Fortunately for us as early investors, International Cannabis is a company that specializes in the acquisition and operation of cannabis assets worldwide. And after the research I’ve done, what I can say is the upside could be enormous.
International Cannabis is a global cannabis monster, consuming and expanding out in ways that very few companies would only be able to dream of.
The company is currently operating in regions that are ideal — and more importantly, ripe — for the emerging legalized cannabis market:
Because of International Cannabis’ strategic alliances in so many locations across the globe, some truly awe-inspiring numbers have emerged:
The company is a force to be reckoned with: 39,100 pharmacies in 16 countries are being represented by International Cannabis.
No doubt, there is hype stirring around the cannabis industry that is making certain companies trade out in front of their skis. For me, anytime this happens, it’s extremely important to rein in the research and only expose yourself to the opportunities that have the best chances of growing your investment.
In this specific case however, I’m of the belief that value needs to play catch-up to what the fundamentals are showing and what the potential for this company REALLY is.
My focus is on International Cannabis Corp. (CSE: WRLD.u & US: WLDCF), and the modern age of legalization is more than ready for this specific opportunity. I HIGHLY recommend you immediately dive into further research on this company for more of your own due diligence.
Just like in the alcoholic beverage industry where there are a number of billion-dollar giants, cannabis will be shoulder-to-shoulder with that sector, and as we are seeing, the first-movers are starting to emerge.
Chief Editor, CrushTheStreet.com
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This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
Never base any decision off of our emails. CrushTheStreet.com stock profiles are intended to be stock ideas, NOT recommendations. The ideas we present are high risk and you can lose your entire investment, we are not stock pickers, market timers, investment advisers, and you should not base any investment decision off our website, emails, videos, or anything we publish. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. Wallace Hill Partners LTD is owned by the same beneficial owners of Future Money Trends LLC, has entered into a three year agreement with International Cannabis