Wall Street's Bull On Cannabis Could Send The Industry Soaring
By: Chasing Markets
Whether people are aware or not, the cannabis industry is one of the fastest growing industries in America. It's growing like a weed..... a profitable weed!
It's at the top spot of high growth sectors and investors are on the hunt for growth opportunity stocks to cash in on. 2018 is set to be a year of key events in the marijuana industry and these events could serve as major catalysts for marijuana stocks to drive higher.
One company that could have high reward possibilities in 2018 for traders and investors alike is called Bahamas Development Corp (OTC:BDCI).
It's not as easy as typing in "cannabis industry" into a stock screener to find a company that could become the Microsoft of the arena. There are dozens upon dozens of cannabis stocks in the market and more on the way as people continue to learn about the monstrous marijuana boom that is currently going on.
What makes Bahamas Development Corp. stand out is that the company only recently made its entrance into the sector through a huge merger and is now positioned at the center of the marijuana industry. The company has products that according to people active in the business, have never been seen before!
These are products that are expected to be well received in the market place and since the designs can be used for other markets beside cannabis, the products are patent-able. Should the company choose to patent their products, it would allow them to obtain exclusive legal rights and could quickly put Bahamas Development Corp. at the forefront of the sector, eliminating any risk of competition stealing the market.
Last year the marijuana industry took in almost $9 billion in sales according to the managing director of BDS Analytics, Tom Adams.
Considering that this figure was BEFORE California began the legal sale of weed, the number is destined to be a lot higher in 2018.
California could be one of the greatest markets for marijuana. Bahamas Development Corporation has been busy through its subsidiary Cannabis Consortium, Inc. in trying to gain footing in the Golden State.
Cannabis Consortium, Inc. is actively pursuing five (5) revenue streams in the cannabis marketplace: Specialty items Foodstuffs/Edibles Beverages Investment Research/New Products
The first three (3) revenue streams are comprised of edible products and ancillary items related to the edible marketplace. The 4th stream Invests into other private cannabis operations and the final stream, research, will focus on the medical benefits of CBD oils for the treatment of animals.
Cannabis Consortium does not own or operate any licensed cannabis operation and is entitled to receive 15% of the annual net revenue collected by its partners from every project it is involved with.
It's been only a few months since 2018 began and already there have been some pivotal events in the marijuana industry. California began the legal sales of recreational marijuana on January 1st while Vermont became the first state to legalize recreational marijuana through legislature. At least 12 more states are poised to consider marijuana legalization this year as well.
With California representing a massive market and many other states expected to potentially climb on the bandwagon, the industry is set to flourish.
Sales are expected to rise to $11 billion in 2018, and to as much as $21 billion in 2021!
Cannabis Consortium and its partners have executed a lease for a 5,000-square foot space just outside Los Angeles, CA. The building is one of only two locations zoned for "On Site Consumption" of cannabis, and is sited across a local landmark with heavy foot traffic and ample parking facilities. The plan is to buildout a VIP area inside the space to attract high-end clientele.
The City is only issuing 8 retail licenses. Cannabis Consortiums strategy was to align itself with partners in this location who have over 15 years' experience and hold 10 licenses, along with Counsel having a 100% track record in successfully receiving licenses for cannabis facilities.
Cannabis Consortium and its partners are also acquiring an exclusive license to manufacture and distribute in California the entire range of THC and CBD products belonging to an award winning Edible Infused Candy Company, which is also headquartered in California.
The Edible Company currently has distribution in approximately 400 retail outlets and generated approximately $2 million in revenue over the prior 12-month period. The 400 outlets and all of their revenue will be collected and serviced by the Partners of Cannabis. A small royalty per unit has been established.
The Edible Company gives Cannabis an instant and expanded network to distribute its non-competing products in CA while working with its current Cannabis Distillate partners' distribution channels in California and Oregon. The new retail location just outside Los Angeles will also carry the products for sale, as will every other dispensary acquired.
Cannabis and its Partners have a purchase option contained within the License Agreement to purchase 100% of the Edible Company.
The company has even made an offer to purchase a 2,700 square foot building in a lot in the Green Zone in Northern California, that will be leased to Cannabis' operational Partners to run Infused Edibles.
Infused Edibles granted Cannabis and its partners a Master License Agreement for the entire United States and its Territories. Cannabis and its Partners were able to obtain a Master License Agreement for the entire United States and its Territories for THC infused Edibles, not just California as previously disclosed. Our Partners are Executing the Master License Agreement today and wiring the fee.
Marijuana isn't just a drug anymore, it's a product with vast potential to make a company monstrous profits and Bahamas Development Corp is focusing on several different cannabis related products that could gain it massive market potential.
California is the largest marijuana market on this planet and Bahamas Development Corp. is aiming to get a major footing in it.
A study from University of California at Davis has forecast that California’s recreational sales will total $5 billion. That's more than half of what the industry brought in last year in sales!
The company's research division will also focus on the medical benefits of CBD oils for the treatment of animals.
Most CBD oil for dogs and other pets as well as for humans is derived from hemp oil. This means it contains very small traces of THC or none at all. Because of this, all 50 states have approved the use of hemp-based CBD for human and animal products.
In 2016, $66.75 billion was spent on our pets in the U.S. The fact that CBD oils may be a lot cheaper than veterinary bills is what could create a massive market. CBD oil is said to be able to treat conditions like joint pain, seizures, anxiety, inflammation, and even cancer.
While conducting its due diligence on the arena, Bahamas Development Corp discovered a company that has an item that was being used in a non-MJ sector. The item had sold millions of units at approximately $10 retail per unit and $1-$2 wholesale, prior to their patent being obtained.
The company thus has realized an opportunity and redesigned their product creating new specialty items that are different in the delivery of the food that should allow patents to be granted.
Many stocks are currently trading at the ground-floor of cannabis investing. With California's complete legalization of cannabis, it could be a huge catalyst for the industry to boom this year. The legalization of marijuana has been an unstoppable trend with 2018 not showing any decrease in activity.
California's market of 38.2 million people is larger than combining the populations of states that currently allow marijuana for recreational use. This means the industry could see dramatic growth this year and investors have the opportunity at chances to find triple digit profits.
2017 was a year of gains for marijuana stocks and they are expected to extend these gains in 2018.
Aurora Cannabis (OTC:ACBFF) saw gains of 344% while Canadian-based pot grower Aphria (OTC:APHQF) saw gains of 292%.
Canopy Growth Corp. saw a growth of 247% for shareholders last year and Emerald Health Therapeutics more than quadrupled.
Village Farms saw 450% in gains in 2017 and only became a part of the marijuana industry last June!
There's more budding in the marijuana industry set to happen and Bahamas Development Corp. (OTC:BDCI) is a company that could see its share prices quickly sprout on Wall Street!
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