All eyes are on ABcann Medicinals, Inc. as it prepares to go public. The company, which is already growing rapidly, wants to expand its footprint in Canada and take advantage of potential international opportunities. Additional production facilities are planned to meet the expected supply short fall in the Canadian market when marijuana for recreational use is legalized next year. With its state-of-the-art cultivation facilities and established patient-client care systems, ABcann has the infrastructure in place to profit from that billion-dollar Canadian marijuana market.
With adult use of marijuana set for legalization by July 1, 2018, the Canadian marijuana market is expected to expand to $8 billion by 2024, according to Canada’s largest independent investment dealer, Canaccord Genuity Group. This puts it on par with the beer and tobacco markets in Canada. Canadians spend about $9 billion on beer and over $10 billion on cigarettes every year.
Coupled with the existing barriers to entry posed by the rigorous Canadian licensing regime, this presents a rare opportunity to licensed producers, like ABcann. Strict licensing requirements will slow the entry of new growers and is expected to result in a supply shortfall until around 2020. ABcann is one of Canada’s oldest license holders, a huge factor considering that only about 3% of those that apply are ever accepted.
Medical marijuana in Canada is regulated by a federal agency, Health Canada, under the Access to Cannabis for Medical Purposes Regulations (ACMPR). To be granted a license, applicants must pass a comprehensive 6-step screening program that involves extensive background checks. The Health Canada website shows just how tough it is. Of the 1,600 or so applications received since the licensing regime was instituted, only 41 have been successful, a failure rate of over 97 percent. Trying to enter the Canadian marijuana market is risky business, particularly since a license will be granted only after a facility is built.
However, ABcann’s cultivation facilities have already been approved and are in operation. Presently, its 14,500 sq ft facility in Napanee, Ontario, produces 1,000 kg annually. The proposed expansion will involve a 150,000 sq ft facility with a production target capacity of 40,000 kg per annum. The company also has a total of 65 acres serviced industrial zoned land, which can accommodate a production facility of up to 1.2 million sq ft.
ABcann’s production facilities are not just getting bigger; they are getting better. The company has been collaborating with the Controlled Environment Systems Research Facility (CESRF) at the University of Guelph since January 2014. The research program is aimed at discovering the best environment for growing cannabis, and it includes a study of lighting, temperature, air quality, and plant nutrition.
ABcann’s computer-controlled environmental system not only maintains the consistent quality required for dosing patients, it also reduces production costs. While industry averages are 60 grams per sq ft for greenhouse cultivation and 138 grams per sq ft for indoor cultivation, ABcann’s yield per square foot, based on six crops a year, has ranged from 250 g per sq foot to 300 g per sq foot. Computer control backed by ABcann’s now formidable institutional expertise has resulted in a growing system that uses less water, fertilizers, and energy, and requires no pesticides, since there are no molds and bacteria.
ABcann was formed in 2014 by Ken Clement ‘to deliver consistent, standardized medicinal cannabis that the public and patients can consistently rely on’. Engaged mostly in research and infrastructure building since then, the company commenced sales in June 2016. It compares well with its peers.
Emblem Corp. (TSXV: EMC) (OTC: EMMBF), which started trading publicly in December 2016, has a market cap of $260 million. Its production operation, at 14,500 sq ft, is the same size as ABcann’s facility. Supreme Pharmaceuticals (CSE: SL) (OTC: SPRWF), with a 16,500 sq ft production facility, is valued at $275 million. And Canopy Growth (TSE: WEED) (OTC: TWMJF), with production capacity of 665,000 after the Mettrum acquisition, is valued at $1.6 billion.
For more information, please visit www.abcann.ca
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Wednesday, May 3, 2017
Paws Firmly Planted for Growth in Multibillion-Dollar Pet Health Market
NetworkNewsWire Editorial Coverage: Pets are the loyal, much-loved companions we humans can’t seem to live without, and when a beloved pet becomes ill, owners will generally do whatever it takes to restore these beloved companion animals to health. Various public companies are accomplishing the two-fold mission of improving the health of our four-footed friends while giving investors the opportunity to capitalize on a multibillion-dollar industry. India Globalization Capital, Inc. (NYSE: IGC) (IGC Profile), VCA, Inc. (NASDAQ: WOOF), PetMed Express, Inc. (NASDAQ: PETS), Blue Buffalo Pet Products, Inc. (NASDAQ: BUFF) and IDEXX Laboratories, Inc. (NASDAQ: IDXX) are just some of the companies blazing lucrative trails in the pet health market and successfully tapping into its virtually limitless opportunities.
In 2016 alone, U.S. consumers spent over $65 billion on pet-related products (1). According to a 2013 study published by the U.S. Bureau of Labor Statistics, U.S. households own approximately 218 million pets, and pet-related expenses for the average U.S. household amounts to about 1 percent of their total annual spending. Further, the North American Pet Health Insurance Association reports that pet health insurance premiums hit $774 million in the U.S. in 2015, with 1.6 million pets being insured by the end of that year. Clearly, consumers are interested in the health and wellbeing of their pets, and they’re showing it with dollars.
The veterinary market is a veritable cash cow – if readers will pardon the pun – that offers virtually limitless investment potential.
One pioneering company, India Globalization Capital (IGC) is forging new paths in the medical marijuana market by exploring the potential health applications of cannabis in domesticated animals. IGC is engaged in the development of phytocannabinoid-based treatments to address pain and a variety of medical conditions, including marijuana-based therapies to treat seizures in dogs and cats.
Treatment for pet seizures represents a surprisingly large market. Statistics indicate that between 1 percent and more than 5 percent of dogs have some sort of seizure disorder, and certain canine breeds with hereditary epilepsy may have as high as 15 to 20 percent incidence of seizures. Abnormal brain activity is frequently the culprit behind canine and feline seizures, and these seizures can result in both subtle and violent convulsions, either of which is most alarming for a pet owner to witness.
IGC offers a novel therapy using cannabinoid extracts to treat such seizures in pets. The company has applied for a U.S. patent based on this therapy, which can be administered via various delivery technologies and has indications for mammals, including dogs and cats. This therapy has the potential to be useful in humans, as well. IGC anticipates conducting metabolic profiling and commencing trials.
Another company aimed at capitalizing on the opportunities of the pet health market is VCA (WOOF). This veterinary services company has become one of the largest families of animal care providers in the United States, operating more than 800 veterinary hospitals across the U.S. and in five Canadian provinces. The company also provides diagnostic services and supplies high-tech imaging to over 17,000 independent veterinary hospitals. Through its Camp Bow Wow subsidiary, VCA additionally provides doggy daycare and boarding services at more than 130 franchised locations throughout the United States.
Online pet pharmaceutical company PetMed Express (PETS), also known under the name 1-800-PetMeds, is the largest pet pharmacy in America, having served over 9 million customers and counting. PetMeds is a licensed pharmacy that dispenses FDA/EPA-approved medications for animals—the same products available from veterinarians—and employs the largest number of veterinary pharmacists in the world.
Blue Buffalo Pet Products (BUFF) approaches pet health in another way, offering natural, healthy pet foods to help prevent—and in some case treat—pet illness and to foster the health of America’s pets in a nutrition-based way. The company currently has approximately 6 percent share of the general pet food industry, feeding 164 million pets in the U.S. and counting. The company’s products include veterinarian- and nutritionist-formulated therapeutic pet foods that can only be purchased through veterinary offices.
Pet health care innovator IDEXX Laboratories (IDXX) serves veterinarians across the globe with a wide array of diagnostic and information technology-based services and products. These products better equip and enable veterinarians to offer advanced medical care, bolster staff efficiency, and build practices that are more economically successful. The company is also a leading global provider of diagnostic tests and information for livestock and poultry, as well as tests that gauge the quality and safety of water and milk. Among its products, IDEXX offers the very first low-dose radiography system in veterinary medicine, as well as a test that enables veterinarians to detect acute kidney injury and chronic kidney disease in pets earlier than ever before. IDEXX Laboratories products are sold in over 175 countries.
It’s no secret that consumers love their pets, and a multibillion-dollar global industry is positive proof. Companies, such as those named, that are in the business of serving the health interests of pets provide a virtually limitless wellspring of investment opportunities in a market that is ever-growing and boasts impressive longevity to rival any other market segment in existence.
For more information on India Globalization Capital please visit India Global Capital (IGC)
Editorial Sources:
(1) American Pet Products Association: http://nnw.fm/V66et
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
http://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
In 2016 alone, U.S. consumers spent over $65 billion on pet-related products (1). According to a 2013 study published by the U.S. Bureau of Labor Statistics, U.S. households own approximately 218 million pets, and pet-related expenses for the average U.S. household amounts to about 1 percent of their total annual spending. Further, the North American Pet Health Insurance Association reports that pet health insurance premiums hit $774 million in the U.S. in 2015, with 1.6 million pets being insured by the end of that year. Clearly, consumers are interested in the health and wellbeing of their pets, and they’re showing it with dollars.
The veterinary market is a veritable cash cow – if readers will pardon the pun – that offers virtually limitless investment potential.
One pioneering company, India Globalization Capital (IGC) is forging new paths in the medical marijuana market by exploring the potential health applications of cannabis in domesticated animals. IGC is engaged in the development of phytocannabinoid-based treatments to address pain and a variety of medical conditions, including marijuana-based therapies to treat seizures in dogs and cats.
Treatment for pet seizures represents a surprisingly large market. Statistics indicate that between 1 percent and more than 5 percent of dogs have some sort of seizure disorder, and certain canine breeds with hereditary epilepsy may have as high as 15 to 20 percent incidence of seizures. Abnormal brain activity is frequently the culprit behind canine and feline seizures, and these seizures can result in both subtle and violent convulsions, either of which is most alarming for a pet owner to witness.
IGC offers a novel therapy using cannabinoid extracts to treat such seizures in pets. The company has applied for a U.S. patent based on this therapy, which can be administered via various delivery technologies and has indications for mammals, including dogs and cats. This therapy has the potential to be useful in humans, as well. IGC anticipates conducting metabolic profiling and commencing trials.
Another company aimed at capitalizing on the opportunities of the pet health market is VCA (WOOF). This veterinary services company has become one of the largest families of animal care providers in the United States, operating more than 800 veterinary hospitals across the U.S. and in five Canadian provinces. The company also provides diagnostic services and supplies high-tech imaging to over 17,000 independent veterinary hospitals. Through its Camp Bow Wow subsidiary, VCA additionally provides doggy daycare and boarding services at more than 130 franchised locations throughout the United States.
Online pet pharmaceutical company PetMed Express (PETS), also known under the name 1-800-PetMeds, is the largest pet pharmacy in America, having served over 9 million customers and counting. PetMeds is a licensed pharmacy that dispenses FDA/EPA-approved medications for animals—the same products available from veterinarians—and employs the largest number of veterinary pharmacists in the world.
Blue Buffalo Pet Products (BUFF) approaches pet health in another way, offering natural, healthy pet foods to help prevent—and in some case treat—pet illness and to foster the health of America’s pets in a nutrition-based way. The company currently has approximately 6 percent share of the general pet food industry, feeding 164 million pets in the U.S. and counting. The company’s products include veterinarian- and nutritionist-formulated therapeutic pet foods that can only be purchased through veterinary offices.
Pet health care innovator IDEXX Laboratories (IDXX) serves veterinarians across the globe with a wide array of diagnostic and information technology-based services and products. These products better equip and enable veterinarians to offer advanced medical care, bolster staff efficiency, and build practices that are more economically successful. The company is also a leading global provider of diagnostic tests and information for livestock and poultry, as well as tests that gauge the quality and safety of water and milk. Among its products, IDEXX offers the very first low-dose radiography system in veterinary medicine, as well as a test that enables veterinarians to detect acute kidney injury and chronic kidney disease in pets earlier than ever before. IDEXX Laboratories products are sold in over 175 countries.
It’s no secret that consumers love their pets, and a multibillion-dollar global industry is positive proof. Companies, such as those named, that are in the business of serving the health interests of pets provide a virtually limitless wellspring of investment opportunities in a market that is ever-growing and boasts impressive longevity to rival any other market segment in existence.
For more information on India Globalization Capital please visit India Global Capital (IGC)
Editorial Sources:
(1) American Pet Products Association: http://nnw.fm/V66et
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
http://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Alltemp listing to help accelerate Commercialization of new Universal Green Refrigerant
Companies mentioned include: Alltemp, Inc. (OTCQX: LTMP), Snapchat, (NYSE: SNAP), JELD-WEN Holding (NYSE: JELD), Dow Chemical Company (NYSE: DOW) and DuPont (NYSE: DD)
As a result of treaties, like the Montreal and Kyoto Protocols, many countries around the globe are rapidly phasing out damaging HCFCs and harmful refrigerants, including the ever popular R-22, and Alltemp, Inc. (OTCQX: LTMP), which began trading on Thursday, appears to have created a universal solution that could help it claim its chunk of the $20 Billion annual refrigerant market.
Alltemp successfully completed two years of early adopter testing of its alltemp® refrigerant at several Fortune 100 companies’ facilities.
Since Alltemp is positioned somewhere between specialty chemicals and basic materials, the timing seems to be ideal, because, even though it doesn’t command the same hoopla as other recent IPOs, like Snapchat, (NYSE: SNAP), JELD-WEN Holding (NYSE: JELD) is one of the better market performers, up over 30% since going public earlier this year.
Plus, the chemical market news is heating up with the Dow Chemical Company (NYSE: DOW) and DuPont (NYSE: DD) megamerger. The Dow-DuPont end game is to unlock even greater value, for shareholders and customers, by spinning-off into three new independent publicly traded companies about 18 months after merger closes, so their merger is going to make headlines for, at least, the next couple of years and additional information is available at www.dowdupontunlockingvalue.com
JELD-WEN Holding (NYSE: JELD) is one of the world’s largest door and window manufacturers, offering multiple energy efficient products, and holds the #1 position, on a net revenue basis, in the majority of the countries and markets it serves. http://www.jeld-wen.com
Snap announced that it will release its first earnings, as a public company, on May 10th, after the market closes. A live webcast will be accessible at investor.snap.com and will be available, as a recording, following the conference call. The social media centered camera company’s stock recently broke through a resistance channel and the market will be looking to see if it can continue the trend going into its earnings call.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
As a result of treaties, like the Montreal and Kyoto Protocols, many countries around the globe are rapidly phasing out damaging HCFCs and harmful refrigerants, including the ever popular R-22, and Alltemp, Inc. (OTCQX: LTMP), which began trading on Thursday, appears to have created a universal solution that could help it claim its chunk of the $20 Billion annual refrigerant market.
Alltemp successfully completed two years of early adopter testing of its alltemp® refrigerant at several Fortune 100 companies’ facilities.
Since Alltemp is positioned somewhere between specialty chemicals and basic materials, the timing seems to be ideal, because, even though it doesn’t command the same hoopla as other recent IPOs, like Snapchat, (NYSE: SNAP), JELD-WEN Holding (NYSE: JELD) is one of the better market performers, up over 30% since going public earlier this year.
Plus, the chemical market news is heating up with the Dow Chemical Company (NYSE: DOW) and DuPont (NYSE: DD) megamerger. The Dow-DuPont end game is to unlock even greater value, for shareholders and customers, by spinning-off into three new independent publicly traded companies about 18 months after merger closes, so their merger is going to make headlines for, at least, the next couple of years and additional information is available at www.dowdupontunlockingvalue.com
JELD-WEN Holding (NYSE: JELD) is one of the world’s largest door and window manufacturers, offering multiple energy efficient products, and holds the #1 position, on a net revenue basis, in the majority of the countries and markets it serves. http://www.jeld-wen.com
Snap announced that it will release its first earnings, as a public company, on May 10th, after the market closes. A live webcast will be accessible at investor.snap.com and will be available, as a recording, following the conference call. The social media centered camera company’s stock recently broke through a resistance channel and the market will be looking to see if it can continue the trend going into its earnings call.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Tuesday, May 2, 2017
ABcann Medicinals Set to Launch IPO This Week on TSXV
According to efficient markets theory, the chances of finding hundred-dollar bills lying on the ground are slim, at best. When one is dropped, some well-informed investor is quick to pick it up. However, with Abcann Medicinals set to launch its initial public offering (IPO) on the TSX Venture Exchange on May 4, the chances of finding those elusive hundreds have increased significantly. Investors will have an opportunity to take up shares in one of Canada’s major legal cannabis producers. With the marijuana recreational market in Canada set for legalization, the Abcann Medicinals IPO will level the playing field and offer to the public a chance to multiply their dollars into hundreds.
Abcann Medicinals, which will trade under the symbol ABCN, may be new to the public markets, but the company is a veteran in the industry. It was founded in 2014 by Ken Clement, who observed the lack of quality and consistency in the medical marijuana available and the resulting variability in dosages that posed risks to achieving effective therapeutic regimens. He vowed to “to deliver consistent, standardized medicinal cannabis that the public and patients can consistently rely on.”
That promise has certainly been kept. With technology that controls air quality, carbon dioxide and oxygen levels, water quality and volume, light spectrum and cycles, temperature, humidity, plant nutrition and a climate-controlled curing process, ABcann produces a consistent, organically grown, pesticide-free, standardized product. In an interview earlier this year (http://nnw.fm/ER7sf), CEO Aaron Keay posited that the ability to produce consistent quality as it scales up is one major advantage that Abcann has over its competitors.
The other major advantage is that Abcann is one of only a handful of currently licensed producers operating in an industry with significant barriers to entry. Prospective new players must face rigorous screening by Health Canada, and 97 percent do not make it through. Since 2013, Health Canada has received about 1,600 applications but has approved only 41 so far. Trying to enter the Canadian marijuana market is risky business, particularly since a license will be granted only after a facility is built.
However, ABcann’s cultivation facilities have already been approved and are in operation. Presently, its 14,500 sq ft facility in Napanee, Ontario, produces 1,000 kg annually. The proposed expansion will involve a 150,000 sq ft facility with a production target capacity of 40,000 kg per annum. The company also has a total of 65 acres of serviced industrial zoned land, which can accommodate a production facility of up to 1.2 million sq ft.
Abcann, which commenced sales of medical marijuana in June 2016, is poised for rapid ascent after its IPO if the competitive landscape is anything to go by. Canopy Growth (TSE: WEED) climbed 711% after its IPO, and Aphria (TSE: APH) rose 938% after its debut. Aurora (TSXV: ACB) went up 887% after it hit the public markets, while SupremePharma (XCNQ: SL) soared an astonishing 1,364% after its launch.
Abcann plans to use part of its IPO proceeds to increase production by 20 times from the current level. Medical marijuana has been legal in Canada since 2001, regulated through Health Canada, a Canadian federal government agency. However, the industry really took off in 2014 when a commercial market was launched. Now, with adult use to be legalized by July 1, 2018, the Canadian marijuana market is expected to mushroom to about $8 billion in sales by 2024.
For more information, please visit www.ABcann.ca
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Abcann Medicinals, which will trade under the symbol ABCN, may be new to the public markets, but the company is a veteran in the industry. It was founded in 2014 by Ken Clement, who observed the lack of quality and consistency in the medical marijuana available and the resulting variability in dosages that posed risks to achieving effective therapeutic regimens. He vowed to “to deliver consistent, standardized medicinal cannabis that the public and patients can consistently rely on.”
That promise has certainly been kept. With technology that controls air quality, carbon dioxide and oxygen levels, water quality and volume, light spectrum and cycles, temperature, humidity, plant nutrition and a climate-controlled curing process, ABcann produces a consistent, organically grown, pesticide-free, standardized product. In an interview earlier this year (http://nnw.fm/ER7sf), CEO Aaron Keay posited that the ability to produce consistent quality as it scales up is one major advantage that Abcann has over its competitors.
The other major advantage is that Abcann is one of only a handful of currently licensed producers operating in an industry with significant barriers to entry. Prospective new players must face rigorous screening by Health Canada, and 97 percent do not make it through. Since 2013, Health Canada has received about 1,600 applications but has approved only 41 so far. Trying to enter the Canadian marijuana market is risky business, particularly since a license will be granted only after a facility is built.
However, ABcann’s cultivation facilities have already been approved and are in operation. Presently, its 14,500 sq ft facility in Napanee, Ontario, produces 1,000 kg annually. The proposed expansion will involve a 150,000 sq ft facility with a production target capacity of 40,000 kg per annum. The company also has a total of 65 acres of serviced industrial zoned land, which can accommodate a production facility of up to 1.2 million sq ft.
Abcann, which commenced sales of medical marijuana in June 2016, is poised for rapid ascent after its IPO if the competitive landscape is anything to go by. Canopy Growth (TSE: WEED) climbed 711% after its IPO, and Aphria (TSE: APH) rose 938% after its debut. Aurora (TSXV: ACB) went up 887% after it hit the public markets, while SupremePharma (XCNQ: SL) soared an astonishing 1,364% after its launch.
Abcann plans to use part of its IPO proceeds to increase production by 20 times from the current level. Medical marijuana has been legal in Canada since 2001, regulated through Health Canada, a Canadian federal government agency. However, the industry really took off in 2014 when a commercial market was launched. Now, with adult use to be legalized by July 1, 2018, the Canadian marijuana market is expected to mushroom to about $8 billion in sales by 2024.
For more information, please visit www.ABcann.ca
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Grey Cloak Tech’s (GRCK) Takeover of ShareRails Integrates Brick-and-Mortar and E-Commerce Omni-Channel Shopping
Grey Cloak Tech’s (OTC: GRCK) takeover of ShareRails and its cloud-based software could play a major role in the attempts by major retailers seeking to integrate their costly physical stores with e-commerce in order to successfully compete. Well-known chains are betting that their brick-and-mortar appeal can help them survive in the omni-channel shopping world. J.C. Penney is one example. After years of hemorrhaging losses — $513 million in fiscal 2015 alone — it posted a small but symbolic $1 million profit in 2016. Key to its survival strategy is attracting the online shopper to its physical stores. ShareRails’ proprietary software could be a key element in the survival and growth of stores, located in malls, strip centers, or freestanding, versus online companies that are nimble in pricing and assortments.
Grey Cloak Tech, after its March 2017 takeover of ShareRails, is now a dual-faceted company. It can use its newly-acquired online-to-offline (O2O) platform to raise the profile of retailers’ inventory in brick-and-mortar stores into online digital comparison shopping. Through a digital conversion of a listing of physical inventory into rich content, a number of search engines — such as Google — can then index the products offered. The endgame is a melding of online shopping with physical stores. The company also offers the market its own click-fraud detection with its proprietary Fraudlytic™ software designed to protect advertisers in the digital marketplace.
The result is a comprehensive O2O service which addresses the sharp decline in mall traffic at physical stores, brings traditional stores into the online shopping mix and shields online promoters from click-fraud, offering a clearer picture for investors into the true performance and reach of online businesses.
At the same time, merchants can analyze data detailing consumer shopping trends and better align their product assortments to meet those needs. To the consumer, e-commerce shopping integrated with data regarding the existing inventory of physical stores presents a comprehensive view of the total marketplace.
For more information, visit the company’s website at www.GreyCloakTech.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Grey Cloak Tech, after its March 2017 takeover of ShareRails, is now a dual-faceted company. It can use its newly-acquired online-to-offline (O2O) platform to raise the profile of retailers’ inventory in brick-and-mortar stores into online digital comparison shopping. Through a digital conversion of a listing of physical inventory into rich content, a number of search engines — such as Google — can then index the products offered. The endgame is a melding of online shopping with physical stores. The company also offers the market its own click-fraud detection with its proprietary Fraudlytic™ software designed to protect advertisers in the digital marketplace.
The result is a comprehensive O2O service which addresses the sharp decline in mall traffic at physical stores, brings traditional stores into the online shopping mix and shields online promoters from click-fraud, offering a clearer picture for investors into the true performance and reach of online businesses.
At the same time, merchants can analyze data detailing consumer shopping trends and better align their product assortments to meet those needs. To the consumer, e-commerce shopping integrated with data regarding the existing inventory of physical stores presents a comprehensive view of the total marketplace.
For more information, visit the company’s website at www.GreyCloakTech.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Monday, May 1, 2017
ChineseInvestors.com, Inc. (CIIX) Set to Capitalize on Meteoric Growth of CBD Market
The chemical in marijuana that causes euphoria is delta-9 tetrahydrocannabinol, or THC. There are also over 100 other cannabinoid chemicals in the plant, including cannabidiol (CBD), one of the main active chemical compounds found in marijuana. CBD doesn’t make people high, isn’t intoxicating or addictive, and is gaining widespread acceptance as a natural and effective medicinal treatment for multiple disorders. Both anecdotal evidence and pre-clinical research have pointed to CBD as having a broad range of beneficial therapeutic uses, including anti-seizure, antioxidant, neuro-protective, anti-inflammatory, analgesic, anti-tumor, anti-anxiety, and anti-psychotic properties. CBD oil has already been legalized in all 50 U.S. states and can be exported to over 40 countries, including China. With an annual growth rate of nearly 60 percent, CBD oil has become one of the fastest-growing market categories in the country. U.S.-based ChineseInvestors.com, Inc. (OTCQB: CIIX) is set to capitalize on this meteoric growth.
With long term focus on value-add opportunities, ChineseInvestors.com has consistently delivered a broad range of products, services, and information for the global Chinese speaking population since 1999. This specialized investment services company provides real-time market commentary, analysis, and education-related services in the Chinese language, and it offers several subscription-based services as well as consultation, advertising, and public relations services. After profiting from a successful investment in the marijuana market, the company recognized an immense opportunity and recently expanded into retail and online sales of CBD products. The company has a 100,000+ user base, a recognizable 18-year-old brand and a target market of nearly two billion Chinese-speaking people. ChineseInvestors.com is positioning to become the world’s leading Chinese medical marijuana company and to dominate this new market.
In January, the company launched the world’s first CBD health products online store in the Chinese language (www.ChineseCBDoil.com). Traditional Chinese medicine embraces holistic, natural remedies, which suggests that online sales and future retail outlets could easily exceed expectations. In conjunction with these expectations, SeeThruEquity, a leading independent equity research firm, recently raised its price target for ChineseInvestors.com to $3.75 a share. With the stock currently trading at just over a dollar per share, ChineseInvestors.com could provide an exceptional opportunity to profit from the medical marijuana market and nearly two billion potential new customers.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
With long term focus on value-add opportunities, ChineseInvestors.com has consistently delivered a broad range of products, services, and information for the global Chinese speaking population since 1999. This specialized investment services company provides real-time market commentary, analysis, and education-related services in the Chinese language, and it offers several subscription-based services as well as consultation, advertising, and public relations services. After profiting from a successful investment in the marijuana market, the company recognized an immense opportunity and recently expanded into retail and online sales of CBD products. The company has a 100,000+ user base, a recognizable 18-year-old brand and a target market of nearly two billion Chinese-speaking people. ChineseInvestors.com is positioning to become the world’s leading Chinese medical marijuana company and to dominate this new market.
In January, the company launched the world’s first CBD health products online store in the Chinese language (www.ChineseCBDoil.com). Traditional Chinese medicine embraces holistic, natural remedies, which suggests that online sales and future retail outlets could easily exceed expectations. In conjunction with these expectations, SeeThruEquity, a leading independent equity research firm, recently raised its price target for ChineseInvestors.com to $3.75 a share. With the stock currently trading at just over a dollar per share, ChineseInvestors.com could provide an exceptional opportunity to profit from the medical marijuana market and nearly two billion potential new customers.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Moxian, Inc. (NASDAQ: MOXC) Online Actions Equate to Offline Sales
Long insular and export focused, the Chinese economy has rapidly become more consumer driven in order to achieve and maintain the country’s targeted 6.5 to 7 percent annual growth rate. Increased global competition in low cost manufacturing and an ever-expanding working class have propelled China’s economic shift to the consumer. Realizing that a strictly export-based economy ultimately implodes, China has turned inward to expand the mix of economic drivers. Serving the businesses that feed the demand of the new Chinese consumer, Moxian, Inc. (NASDAQ: MOXC) is positioned to profit from this vast economic shift in China, as well as in other parts of Asia.
With offices strategically located in China, Malaysia, and Hong Kong, Moxian provides small- and medium-sized businesses cutting edge turnkey solutions to attract and maintain customers. The company’s strategy is to drive consumer traffic from online to their brick and mortar business customers. Moxian operates a social network platform which integrates social media and business into a single platform and offers products, features, and services that appeal to consumers.
The company’s online platforms and mobile applications, the Moxian+ User app and the Moxian+ Business app, allow businesses to interface with both existing and new customers. These interactions provide each business the data to analyze consumer likes, dislikes, and the latest trends. Moxian’s platform gives businesses the ability to create, manage, and promote individualized customer loyalty programs, targeted advertising campaigns, and special promotions. These interactions between users and Moxian’s merchant clients give businesses the ability to study consumer behavior and tailor offerings to customers. Moxian’s platform also entices users to return and refer new users, each of which is a new potential brick and mortar customer. In short, Moxian’s online actions equate into offline sales for its brick and mortar business customers.
With a population of nearly 1.4 billion, China is a massive new consumer market, and Moxian is leveraging technology to drive business in this market. Perhaps that’s why SeeThruEquity, a leading independent equity research firm, recently reported that the company could achieve revenues of $62.5 million and a gross profit of $39.9 million by fiscal year 2020. Moxian presents an interesting opportunity to profit from the explosive growth projections of the Chinese consumer market.
For more information, visit www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
With offices strategically located in China, Malaysia, and Hong Kong, Moxian provides small- and medium-sized businesses cutting edge turnkey solutions to attract and maintain customers. The company’s strategy is to drive consumer traffic from online to their brick and mortar business customers. Moxian operates a social network platform which integrates social media and business into a single platform and offers products, features, and services that appeal to consumers.
The company’s online platforms and mobile applications, the Moxian+ User app and the Moxian+ Business app, allow businesses to interface with both existing and new customers. These interactions provide each business the data to analyze consumer likes, dislikes, and the latest trends. Moxian’s platform gives businesses the ability to create, manage, and promote individualized customer loyalty programs, targeted advertising campaigns, and special promotions. These interactions between users and Moxian’s merchant clients give businesses the ability to study consumer behavior and tailor offerings to customers. Moxian’s platform also entices users to return and refer new users, each of which is a new potential brick and mortar customer. In short, Moxian’s online actions equate into offline sales for its brick and mortar business customers.
With a population of nearly 1.4 billion, China is a massive new consumer market, and Moxian is leveraging technology to drive business in this market. Perhaps that’s why SeeThruEquity, a leading independent equity research firm, recently reported that the company could achieve revenues of $62.5 million and a gross profit of $39.9 million by fiscal year 2020. Moxian presents an interesting opportunity to profit from the explosive growth projections of the Chinese consumer market.
For more information, visit www.Moxian.com
About NetworkNewsWire
NetworkNewsWire (NNW) provides news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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