Equity Guru founder, Chris Parry, recently analyzed BC Bud Company (BCBC.C), an emerging player in the cannabis industry, trading on the CSE under the ticker BCBC. With a unique business model and strong backing from industry veterans Mark Lustig and Brayden Sutton, BCBC has captured the attention of investors and industry enthusiasts alike.
Mark Lustig’s name has appeared on this website numerous times, often with praise for his ability to create successful businesses in the cannabis sector. With over 25 deals under his belt and a proven track record, Lustig brings a sense of confidence and stability to any venture he touches. This credibility is essential for a company like BCBC, as it assures potential investors that they won’t be left in the cold if the stock dips.
The story of BCBC began when Lustig, Sutton, and a few others founded the company, aiming to capitalize on the iconic legacy of BC Bud, a term that has been synonymous with high-quality marijuana for decades. Rather than farming the cannabis themselves, BCBC chose a different approach, focusing on processing and branding. This unique strategy allows the company to avoid the pitfalls and risks that come with farming, such as fluctuating prices and the struggle to maintain retail spaces.
BCBC’s business model revolves around partnering with licensed growers, selecting the best among them to supply the BC Bud brand. This ensures a consistent supply of quality cannabis, which is then processed and packaged under the BC Bud name. This approach allows BCBC to take advantage of the current market landscape, where many cannabis companies are struggling to stay afloat.
Rather than aiming for astronomical growth, BCBC has positioned itself as a smart, strategic player in the cannabis industry. With a current share price of 13.5 cents, up from 4 cents a few months ago, this innovative company is slowly but surely making a name for itself.
In summary, Chris Parry’s analysis of BC Bud Company highlights the company’s unique business model and the strong backing from industry veterans, Mark Lustig and Brayden Sutton. As BCBC continues to grow and adapt to the ever-changing cannabis market, it’s worth keeping an eye on this innovative company that’s redefining the game.
BC Bud Co currently trades at $0.15 CAD per share for a market cap of $8.02 million.
BC Bud Co (BCBC.C) ringing in cannabis 2.0