Search Results for: abcann

NetworkNewsWire Editorial Coverage: The medical cannabis business is booming in Canada, projected to ramp up and exceed $8 billion within seven years. The growth trajectory shows no signs of slowing yet pales in comparison to the global opportunity. A recent analysis by Eight Capital, a Toronto-based investment bank, targets the potential Canadian international medical cannabis … Continue reading “The Generational Growth Opportunity for Canadian Cannabis”

NetworkNewsWire Editorial Coverage: The Canadian government’s plan to push through legalization of marijuana for recreational purposes by mid-2018 figures to deal a serious blow to the existing black market. However, industry analysts are increasingly skeptical of the ability of the country’s Licensed Producers to keep pace with this forecast spike in demand. As noted in … Continue reading “Demand Outpacing Supply as Canadian Cannabis Legalization Looms”

NetworkNewsWire Editorial Coverage: While developments in U.S. marijuana markets have no trouble attracting headlines, many seasoned investors have discovered a more predictable method of capitalizing on the cannabis boom by turning their attention to the north. Data from Health Canada suggest that almost 130,000 Canadians had signed up with the country’s 38 licensed cannabis producers … Continue reading “Production Bottleneck Spells Opportunity for Canada’s Cannabis Producers”

NetworkNewsWire Editorial Coverage: Canadian medicinal marijuana sales could exceed $8 billion by 2024, as forecast by Canaccord Genuity Group’s November 2016 market research report. ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) (ABcann Profile) is considered one of Canada’s strongest growers, boasting a customer retention rate of 94.7 percent, no history of product recalls, and computer-controlled … Continue reading “What it Takes to Thrive in Canada’s Multi-Billion-Dollar Marijuana Industry”

NetworkNewsWire Editorial Coverage: Exceeding $7.2 billion in 2016, the legal cannabis market is maintaining a rapid expansion rate, according to Forbes, thanks to a demand for both medical marijuana and legal adult recreational sales in many U.S. states. Growth is expected to continue at a compound annual rate of 17 percent, but it is more … Continue reading “Cannabis Industry Leaders Drive Growth with Acquisition Strategies and Territorial Expansion”

NetworkNewsWire Coverage: Medical cannabis use has been legal in Canada since 2001, and Canada is now working to become the first industrialized nation to input a comprehensive system permitting the recreational use of marijuana. Sweeping legislation has been introduced by the Canadian government that takes aim at permitting nationwide recreational cannabis use by July 2018—a … Continue reading “As Recreational Cannabis Legalization Looms, the Field of Opportunity is Green for Canada’s Leading Growers”

NetworkNewsWire Coverage: Growing marijuana in North America, for obvious reasons, has historically been an underground affair. Amid growing legalization in favor of recreational and medicinal use, growing cannabis on mass scale is rapidly becoming a necessity for companies in a burgeoning industry driven by incredible consumer demand. Canada is ahead of the United States in … Continue reading “Canadian Cannabis Leaders Sharpen Focus on Increasing Yield, Plant Quality”

NetworkNewsWire Editorial Coverage: Canada is the mecca of the North American cannabis market, boasting legalization in every province and an array of investment opportunities, such as ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF), a Canadian grower of medical marijuana. ABcann recently acquired ABcann Medicinals and boasts a recent IPO, appointment of a new medical consultant, … Continue reading “Investors Eye Sweet Spots in Canada’s Booming Cannabis Market”

NetworkNewsWire Coverage: The North American marijuana market is growing at rates that are similar to those recorded by broadband internet in the 2000s. This stunning comparison, noted in a 2017 report by Arcview Market Research, highlights the potential short-term and long-term effects of what many analysts are referring to as the “green rush.” ABcann Global … Continue reading “Green Rush taking Hold in Canada as US Lawmakers Continue to Spin Tires”