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ALREADY LICENSED, BLEVF COULD BE AMONG THE *FIRST* TO CAPITALIZE WHEN CANADA LEGALIZES WEED!
USA: BLEVF | Canada: BE | Germany: 4B9
Are you starting to "Beleave"!? This week's New Profile on BLEVF is off to a phenomenal start!!
BLEVF saw a 10% GAIN on the day with momentum on it's side as it closed right near the High of Day!
And BLEVF could literally just be getting started!
Keep in mind, a return to BLEVF's January highs of 2.80 would still provide traders up to 122% UPSIDE from here!
So what could keep BLEVF going?
BLEVF COULD BE A TOP PRODUCER WHEN CANNABIS IS LEGAL IN CANADA!
It's time separate the men from the boys here!
While it's great that many other Cannabis companies are still "Pending" or in "Late Stage", Canada is only about a month or so away from Legalizing Recreational Marijuana and it's all about being Licensed to capitalize right away!
And most importantly, the company was recently granted their Sales Licence via thier subsidiary Beleave Kannabis Corp., which means credited patients could buy medical weed from them online and receive it in the mail RIGHT NOW + they'll be ready to go once Canada Legalizes!
This can not be understated. This is a HUGE ADVANTAGE for BLEVF among their peers.
BLEVF may be among the FIRST to capture the $12 BILLION up for Grabs as Canada Legalizes Cannabis!
Don't forget, BLEVF has a strong cash position and well-funded to meet the enormous demand coming from Canada's Full Legalization this Summer!
BLEVF's 14,500 sq. ft. facility in Hamilton, Ontario is already on track to produce 950 kg of dried Cannabis per year (yield of 82g/sqft.; 150kg per cycle; 5 - 6 cycles a year) with projections of up $50-70 MILLION in Revenues at a 40-50% Margin!
The company is now building out a 80,000 sq. ft. hybrid Greenhouse (65000 sqft of which will be used for flowering Cannabis) that is expected to come online in Q3 and provide a projected yield of 26,000-32,000 kg of dried cannabis annually to meet coming demand!
THAT'S SOME SERIOUS $$$!!
THE BOTTOM LINE
BLEVF is truly in the right place at the right time.
More than any other Cannabis play we've seen, this company has formed a team of amazing experts and researchers and appears primed and ready to meet the coming demand that Canada's Weed Legalization will pose.
Needless to say, the Upside here is incredible from both a financial and technical perspective!
Tomorrow we'll dive deeper into BLEVF's ground-breaking research and plans to "standarize" a top strain of Cannabis for the mass market.