It’s a very different world now compared to the economic and political landscape of just a few years ago when the cannabis trade was mostly underground and secretive. Today, the legalization movement has made significant headway and the corporate media is finally starting to report on just how robust the marijuana market has become.
But most mainstream analysts are still behind the eight ball, as they’re only reporting on the growth of the industry in the United States and Canada. And while those are two very important markets, the untapped potential of international cannabis markets has yet to be seized upon by reporters – or by most cannabis companies, for that matter.
It’s a real shame because they don’t even realize what they’re missing out on. The profit potential is enormous, as the pro-cannabis share of the world’s population is growing every day:
Courtesy: UNODC ARC/DELTA
I’ve been telling investors for years that you can’t just buy up American assets and hope for the best; that’s not a sustainable investing strategy. Your best bet in today’s market is to go global: prepare your positions in assets that will benefit from new cannabis policy and revenues in multiple continents.
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That’s really the only way to invest nowadays if you’re looking for serious growth potential in your cannabis sector allocations. Piling into the same companies the corporate media’s telling you to buy isn’t a formula for success, as they’re not particularly concerned about global diversification.
That’s perfectly fine with me, as I’ve picked out a company that addresses this issue with a robust portfolio of cannabis assets across the globe. I’m literally talking about more than a dozen cannabis-ready countries with deep consumer bases: the U.K., Denmark, Greece, Poland, Switzerland, Germany, Italy, Colombia, Argentina, Australia, South Africa… The list just keeps going.
The company is known as ICC International Cannabis Corp. (CSE: WRLD.U, OTC: WLDCF), and the name says it all: their portfolio of assets crosses boundaries and generates strong revenues from the ever-growing multinational cannabis market.
While ICC already has a firm foothold in these markets, the most exciting development has just recently been announced: ICC has inked a record-breaking deal in which they will acquire 49.9% of Wayland Group’s international assets. The cannabis industry has never seen a deal of this size or scope, and we’re proud to be among the first to report on this breaking news.
Upon closing the transaction, International Cannabis Corp. will control 49.9% of a German medical cannabis import license, as well as a three-year supply contract to provide 9,000 kilograms of dried cannabis flower to an established German-licensed importer and distributor of cannabis to over 2,200 pharmacies.
This is huge, as Germany is Europe’s number-one economy, with a population of over 82 million. The German patient population for medical cannabis is experiencing exponential growth, with over 79,000 patients now active, up from approximately 800 in 2017 – and ICC will now control a world-class production operation in the country.
In addition to Germany, the Wayland Group agreement ensures similar large-scale acquisitions in Switzerland, the U.K., Italy, Malta, Colombia, Argentina, and Australia. The numbers are staggering: all told, ICC has 19 licenses and access to over 39,000 pharmacies, with a forecast of 50,000 kilograms of CBD isolate to be produced in 2019.
A position in WRLD.U/WLDCF now is basically an early-stage investment in targeted regions around the world. These include the U.S. and Canada, sure, but also Europe, South America, Africa, and Australia. While their epic deal with Wayland Group unfolds, watch for the share price to achieve all-time highs as ICC becomes the cannabis market story of the year.
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This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Never base any decision off of our emails. Never base any decision off of our emails.Wallace Hill Partners LTD owned by the same members who own Global Cannabis Wealth, have entered into a three year agreement with International Cannabis, purchased shares, and have received three hundred thousand dollars.. This publication may provide the addresses or contain hyperlinks to websites; we disclaim any responsibility for the content of any such other websites. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
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