Cannabis Industry Forecasts Make These Stocks Worth Researching
March 05 2019 - 9:30AM
InvestorsHub NewsWire
Cannabis Industry Forecasts Make
These Stocks Worth Researching
March 5, 2019 -- InvestorsHub NewsWire -- Microcap Speculators
-- There are three major estimates that make stocks in the industry
worth researching. In the report "2019 Update to the State of
Legal Marijuana Markets", from Arcview Market Research and BDS
Analytics, global sales are expected to grow 38% in 2019 to
$16.9 billion and hit $31.3 billion by 2022. That's a
compound annual growth rate of 26.7% between 2017 and
2022.
In 2016, Cowen Group sector analyst Vivien
Azer released a 110-page report, "The Cannabis Compendium:
Cross-Sector Views on a Budding Industry," that outlined a
trajectory to $50 billion in global sales by 2026. However,
in April 2018, Azer updated Cowen's outlook for the cannabis
industry by increasing its forecast to $75 billion in global
sales by 2030.
The third estimate, which came out this past week, is courtesy
of Wall Street investment bank Jefferies’ analyst Owen
Bennett. Bennet says the global cannabis market, which
includes sales estimates for 22 countries, should grow from $17
billion in 2019 to $50 billion by 2029, closely matching Cowen's
initial estimate for 2026. Bennett's research note suggests
that $19 billion of this will be derived from the medical marijuana
market, with $31 billion in worldwide revenue coming from adult-use
pot.
One potential leader in this growing market segment is Real
Brands, Inc. (USOTC:
RLBD). RLBD has strong management with a solid
background in branding and the beverage industry and plans to
expand their holdings focusing on at least three CBD
Categories: smokables, edibles and topical balms and
lotions. The company just announced it acquired the
trademarks: Humboldt Brands®, Hemp-Aid® and HempAid®. This
could point to more news in the near future, so start your research
today.
Today we are highlighting: Real Brands,
Inc. (USOTC:
RLBD), Namaste Technologies Inc. (NXTTF), The Green Organic
Dutchman Holdings Ltd. (USOTC:
TGODF), Cronos Group, Inc. (NASDAQ:
CRON), and Aurora Cannabis, Inc. (NYSE:
ACB).
Real Brands, Inc. (USOTC:
RLBD) (Market Cap: $14.418M, Share Price:
$0.1089) is launching a CBD beverage called Omega
Hemp Water™. The company is very close to its next production
run, meaning there could be major news on the way. The audit
on the horizon means this could also be another major event for
investors to pay attention to.
The company just announced that they have engaged an accounting
firm that is registered with the Public Company Accounting
Oversight Board (PCAOB) to complete their two-year audit which
could make the company desirable to larger investors. Now’s
the time to research RLBD.
______
Namaste Technologies Inc. (NXTTF) (Market Cap:
$222.356M, Share Price: $0.7247) announced that
it has reached a mutually agreed upon settlement with Sean
Dollinger resulting in Mr. Dollinger entering into an advisory
relationship with Namaste providing transition support to the
company to ensure the best interests of the business and
stakeholders are met. Mr. Dollinger has withdrawn his
previously announced legal application against the company and has
agreed to step down from all formal roles with the company,
including as a director, which will also enable him to spend more
time with his young family and pursue other
opportunities.
______
The Green Organic Dutchman Holdings Ltd. (USOTC:
TGODF) (Market Cap: $847.726M, Share
Price: $3.14) received a boost when Owen
Bennett of Jefferies initiated the coverage on Green Organic
Dutchman with a “buy” rating and a price target of 6.10 Canadian
dollars. Jefferies’ “buy” rating appears to have increased
investors’ confidence, leading to a rise in TGODF’s stock
price.
______
Cronos Group, Inc. (NASDAQ:
CRON) (Market Cap: $3.801B, Share Price:
$21.46) will exit its investment in medical
marijuana company Whistler Medical Marijuana and sell its 19% stake
to Aurora Cannabis, Inc. (NYSE:
ACB) (Market Cap: $7.122B, Share
Price: $7.22). Aurora will pay about
C$175 million for the stake with Cronos receiving about 2.5 million
Aurora common shares worth an aggregate value of about C$24.6
million and another C$7.6 million upon reaching certain
milestones.
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a three-month
term consulting agreement with RLBD dated 8/31/18. The
agreement calls for $100,000 note issued to Regal Consulting, and
2,500,000 restricted 144 shares of RLBD for three months of
service. Regal has elected to convert $73,000 of principal of
the $100,000 note into 2,761,872 Restricted 144 shares of RLBD.
Regal Consulting has agreed to a twelve- month term consulting
agreement with RLBD dated 1/4/2019. The agreement calls for
$10,000 in cash and 500,000 shares per month. All payments were
made directly by Real Brands, Inc. to Regal Consulting, LLC. to
provide investor relations services, of which this article is a
part of. Regal Consulting also paid one thousand dollars cash
to microcapspeculators.com to distribute this article. Regal
Consulting may have a position in the securities mentioned in this
article at the time of publication, and may increase or decrease
its position without notice. This article is based on public
information and the opinions of Regal Consulting. RLBD was given an
opportunity to edit this article. This article contains
forward-looking statements that are subject to certain risks and
uncertainties that could cause actual results to differ materially
from any results predicted herein. Regal Consulting is not
registered with any financial or securities regulatory authority,
and does not provide or claim to provide investment advice.
http://www.regalconsultingllc.com/full
legal disclaimer/
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