Dear Seed Investor,
Canada’s budding marijuana industry could blossom into a $5-billion market.
Licensed producers of medical marijuana already have a healthy head start, but the market ‘revolution’ will bring plenty more opportunity.
The opportunity is obvious.
There are currently about 35,000 to 40,000 patients enrolled in Health Canada’s medical marijuana program.
The total market is worth perhaps $80 million to $100 million.
When recreational pot becomes legal, the potential customer base suddenly runs in the Millions.
Dundee Capital Markets analyst Aaron Salz figures the market would then be worth up to $5 billion.
Simply put, Canada is a big potential market for marijuana and the government has announced its plans to fully legalize recreational marijuana by July 1, 2018.
That means the time to move into Canadian marijuana sector is right now.
And one small company has the growth, capability, and financing to multiply this once-in-a-lifetime legalization opportunity into exponential gains.
Despite its relative infancy as a publicly traded security;
ABcann (OTC:ABCCF / TSX.v: ABCN is one Canada’s dominant medical growers, recognized for using proprietary growing technology to produce organically grown, pesticide-free medicinal-grade marijuana.
The company’s low current market cap offers an obvious opportunity for investors, as ABcann compares well with other companies in an industry expects to top $5 billion.
Read more here:
The Seed Investor