The headlines are declaring it a foregone conclusion: the legalization movement for cannabis is winning the war, one state and one nation at a time. Investors are focusing on the United States and Canada, and there are certainly big changes afoot there – but there’s another market to take advantage of, and it’s far bigger than North America.
In today’s interconnected world, you’ve got to think globally as an investor. That’s especially true with cannabis investing: in fact, global spending on legal cannabis is expected to reach $63.5 billion by 2024. The trajectory is straight north, and we’re witnessing a financial windfall in progress:
Courtesy of Prohibition Partners, energyandresourcesdigest.com
This is exactly what the beginning of a bull market looks like: a huge infusion of capital coming in – and world governments opening the floodgates with changes in government policies and regulations.
The Crush the Street research team have been studying this phenomenon, and they discovered that the best way to play this fast-growing market is to focus on companies with the ability to legally export cannabis in multiple nations. A multinational focus makes perfect sense because the cannabis market isn’t limited to just one region or demographic segment.
Even better, if a firm can create a diverse portfolio of top-tier cannabis companies in targeted nations for the legalized cannabis market, that could multiply the potential for profits exponentially. Leveraging the best elements of premier cannabis companies throughout the cannabis production and distribution process would be a brilliant way to capture multiple streams of revenue.
After a great deal of research and effort, Crush the Street did find a firm with that business model: International Cannabis Corp. (CSE:WRLD & US: KNHBF), a company that specializes in the acquisition and operation of cannabis assets worldwide.
While International Cannabis Corp. is headquartered in Canada, the heart of the cannabis legalization movement, the firm believes in global cultivation – not only of legal cannabis, but also of great companies that profit from it.
Through its subsidiaries, International Cannabis has numerous agreements in place for European-based pharmaceutical distribution, wholesale importation, research and development, as well as working interests in industrial hemp licenses.
Courtesy of International Cannabis Corp. Investor Presentation
The mission of the company is simple yet powerful: to further establish itself as an international cannabis industry consolidation platform through its diversified portfolio of companies and subsidiaries. Fundamentally, what International Cannabis does is augment the design, development, and production of the world’s most innovative and best-performing cannabis products and facilities; to achieve this, the company has formulated key alliances and critical associations with top-notch companies in the space.
Currently, International Cannabis is operating in regions that are ideal for the emerging legalized cannabis market. In Denmark, for instance, the company controls licenses for cannabis cultivation and manufacturing; in Greece, the firm has working interests in an industrial hemp license; and in Colombia and Africa, International Cannabis possesses licenses to cultivate, produce, distribute, store, and export cannabis and cannabis products.
Because of International Cannabis’s strategic alliances in so many locations across the globe, some truly awe-inspiring numbers have emerged:
Courtesy of International Cannabis Corp. Investor Presentation
It’s a force to be reckoned with: 35,000 pharmacies in 16 countries being represented by International Cannabis, plus a 55,000-square-foot greenhouse preparing to be constructed in cannabis-friendly Denmark. Multiple licenses for cultivation – along with a whole lot of fertile, cultivation-ready land – add up to easy expansion opportunities for this leading-edge firm.
Crush the Street wanted to be the first to bring you the news of our latest and greatest stock pick in the global cannabis market. The modern age of legalization is more than ready for International Cannabis Corp. and shares of WRLD stock – a TIMELY opportunity in the cannabis space right now.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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