Privately-held Cannabis One is a value-added, seed-to-sale cannabis company
SmallCapPower | November 15, 2018: Cannabis One is focused on a cannabis retail distribution and brand manufacturing roll-up strategy. The Company operates a proven model of pursuing cannabis assets at favourable market prices that integrate into its existing seed-to-sale business model. Cannabis One is one of the many exciting cannabis companies presenting at the New Green Frontier Cannabis Conference on November 19, 2018. Investors can sign up for the free webcast or register to attend in person here.
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Here are three reasons why investors should take note of Cannabis One
- A diverse product portfolio filled with popular cannabis brands
- Cannabis One’s experienced management team has a history of completing acquisitions at favourable valuations
- Future projected revenues point towards significant growth through 2020
Cannabis One owns and operates some of the top brands in the industry. “The Joint,” a popular cannabis retailer based in Colorado, was voted the #1 dispensary in Denver by Leafly in 2017. In addition, other popular brands fully-owned by the Company include the INDVR and INDVR Fire product lines. INDVR products are high quality and stylish vaporizers that come in both normal and disposable variants.
Cannabis One has a history of completing acquisitions at favourable valuations. Going forward, management anticipates completing acquisitions at 1.0x – 1.2x sales multiples to continue its roll-up strategy.
The Company generates significant revenue and is poised for rapid growth. Consolidated revenue for 2018 is expected to exceed $70M and is projected to grow to $260M in 2020. The growth is expected to be facilitated by both new acquisitions and organic growth within existing operations. As of June 2018, revenues were diversified across 12 brands and five states.
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