On August 28, 2018 Supreme Cannabis (FIRE.V) announced that its 100% owned subsidiary, 7ACRES, has agreed to supply recreational cannabis to the Nova Scotia Liquor Corporation and the PEI Cannabis Management Corporation beginning October 17, 2018.
In 2014, I said before a crowd at one of the first cannabis company conferences, ‘forget growing weed – nobody invested hard in barley and hops after prohibition ended – they wanted to invest in brands, the Seagrams and Canadian Clubs and Budweisers, that got the maximum margin out of every ingredient.’
If one thing has been certain on the markets in 2017, it’s that you couldn’t go wrong moving with the pack. Watch the merry go round.
Golden Leaf (GLH.C) up 55%, Matica (MMJ.C) up 30%: We’re into the ‘what’s cheap’ phase of the weed bull market
Remember back a few weeks ago when ‘the big three’ were making their big moves in weed and HIVE Blockchain (HIVE.V) was making multiples every day in crypto / blockchain and the whole world was jumping all over them and making down payments on Rolls Royces?