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Capital Continues to Pour into Cannabis

Submitted by Marijuana News on Thu, 03/24/2016 - 10:27

After the largest medical marijuana producer in Canada raised more than $10 million through an investment bank, Michael Berger, President ofTechnical420.com, highlights the company’s recent developments and growth potential.

As 2016 continues to unfold, Canopy Growth Corporation (CGC.V) (TWMJF: OTC) has continued to prove itself as the leader in the Canadian medical marijuana industry.

Investment Thesis

We view Canopy as the top investment in the Canadian cannabis industry due to the following reasons: 1) The company continues to increase market share through organic and inorganic growth initiatives, 2) Expect to see continued top-line and bottom-line growth on a quarter-over-quarter basis for all of 2016 and 2017, 3) CGC continues to enter into partnerships and make acquisitions that will prove to be accretive, 4) The company is led...

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