| | | You are receiving this as part of your subscription to Cannabis Profits Daily. To remove your email from this list, unsubscribe here. | | | | | | Tuesday, October 29, 2019 | Trend Spotting: Australia Isn't Ready for Big Investments Right Now By Greg Miller | In the past two weeks, two big Canadian producers have pulled out of the country, and a third is turning to outside capital to build a business there.
It's an indication that the big players are frustrated with the slow pace of the Australian market and are looking for lucrative opportunities that give shareholders faster results.
On October 13, Canopy Growth Corp. (NYSE: CGC) sold its entire stake (13.2% interest) in AusCann Group Holdings Ltd. (OTC: ACNNF). That sale comes only four months after Canopy increased its stake in the company.
Two days later, Cronos Group Inc. (Nasdaq: CRON) announced that it was creating a public listing for its joint venture in Australia. The company - Cronos Australia - sold one third of itself to a group of pre-selected shareholders.
In this case, Cronos did not sell its stock.
But Cronos has over $2 billion in cash on its balance sheet; if it wanted to increase its investment in Australia, it could have done so without outside shareholders.
The third blow came on October 25.
Aphria Inc. (NYSE: APHA) dumped its 15.7% stake in Althea, its Australian play.
It means Australia isn't ready for the big time, and I'm going to show you how that affects your investments... | | | | | | | | | | | | | Cannabis Investing Expert Tells All | | Major institutional investors are gearing up to push billions of dollars into the rapidly growing cannabis industry... and you need to act now if you want to beat them to the punch. Before you get started in this industry, however, you need to take a look at this Cannabis Investor's Masterclass from cannabis venture capitalist and IPO expert Danny Brody. Learn from a cannabis billionaire himself just how lucrative this market can be... with the right knowledge, of course.
| | | | If you missed the First Annual NICI Retreat, we have a special treat for you. You see, we sent a professional film crew along to record every single session. And now, for our NICI members, we have an exclusive offer on this invaluable video package. If you click here, you can preorder this set of videos for a special price... but don't delay - the videos are almost ready to go and once they're published, we won't be able to offer them at this special price again. For lifetime access to all of the content the Retreat had to offer, go here now.
| | | | | | | | You are receiving this e-mail at its028@gmail.com, as a part of your subscription to Cannabis Profits Daily.
Remove your email from this list: Unsubscribe
© 2019 The National Institute for Cannabis Investors All Rights Reserved The National Institute for Cannabis Investors | 1125 N Charles Street | Baltimore, MD 21201 Toll Free: 866.260.0361; International: 410.777.8270 Contact Customer Service Website: https://nicinvestors.com
Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice.
We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your financial adviser and only after reviewing the prospectus or financial statements of the company.
Protected by copyright laws of the United States and international treaties. This information may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The National Institute for Cannabis Investors, 1125 N Charles Street, Baltimore, MD 21201.
Privacy Policy | Terms & Conditions | |
没有评论:
发表评论