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Nov 7, 2017 1:20 PM ET

Licensed Producers Hold Key to Canadian Marijuana Success

Disclosure NewswireTM

iCrowdNewswire - Nov 7, 2017


While it is unclear who will capitalize most from Canada’s move to legalize pot in July of 2018, it seems that licensed producers (LPs) are still key.


Not surprisingly, they continue to offer the best value in the space to date.

Leading companies already heavily investing in this area include Aphria (TSX: APH) (OTC: APHQF), Canopy Growth (TSX: WEED) (OTC: TWMJF), Organigram Holdings Inc. (TSX-V: OGI) (OTC: OGRMF), and MYM Nutraceuticals Inc. (CSE: MYM) (OTC: MYMMF).

The public LPs are generally the most advanced in terms of attaining revenue and profitability. Many of these companies have grown and harvested many crops and have an established customer base for their products.

Investors like the security that this group holds and are showing their favor.

Likely the best known for its high profile in production is Canopy Growth Inc. (TSX: WEED) (OTC: TWMJF). Its stock was as high as $13 per share in February of 2017, but has returned to the $10 level. It is on most investors’ watch lists.

Several other competitors have entered the market to offer similar promise.

Other cannabis LPs joining the race to produce include Aphria (TSX: APH) (OTCQB: APHQF), which is establishing itself as the lowest cost producer, Organigram Holdings Inc. (TSX-V: OGI) (OTCQB: OGRMF), who are focused on producing the highest quality marijuana in Canada, along with MYM Nutraceuticals Inc. (CSE: MYM) (OTCQB: MYMMF), that is developing two production operations including a mega facility bigger than any producer to date.


Although it is still in the early going, Canada’s fledgling marijuana industry has shown unbelievable potential for generating wealth and increasing the country’s economy.

Deloitte estimates the market has a base retail value between $4.9 billion-$8.7 billion, which would rival the size of the Canadian alcohol market, currently pegged at $5 billion annually.

Vivien Azer of Cowen & Co. said in a recent report, “When you consider ancillaries such as growers, testing labs, security, etc., the economic impact could range from $12.7 to $22.6 billion.”

That figure doesn’t account for impact on other area like taxes and tourism etc.

According to researchers, in order to meet the low end of the estimates for the adult-use market, Canada would have to produce over 600,000 kg of cannabis a year.

Looking at the entire industry the numbers are even more over staggering.

The cannabis plant derivative Cannabidiol (CBD), which is legal in all 50 US states and Canada, was responsible for $170 million in the US 2016 and is projected to hit $1 billion by 2020.

The American marijuana industry as a whole is expected to hit $50 billion by 2026.

Any way you slice it, there are big stakes up for grabs in the growers and producers sector.

The significant increase in demand over current production capacities is key in driving the rush to build new and better grow facilities.


To accommodate expansion, the cannabis industry is in a race to build the biggest, best, most sophisticated greenhouses in the world.

The early lead goes to Canopy’s Tweed facility in Niagara-on-the-Lake, Ontario, which covers 350,000 square feet of greenhouse space. It is at present the world’s largest marijuana greenhouse.

On its heels is Aurora Cannabis, which began work on their Leduc facility near the Edmonton Airport. This entry is designed to be more than double the size of Canopy at a gigantic 800,000 square feet of growing space.

That equates to a grow capacity of 100,000 kgs of cannabis annually.

Next in line is AmeriCann Inc. who have announced plans to build the largest cannabis greenhouse facility in the USA. This behemoth will cover roughly 1 million square feet and located in Massachusetts.

But, here’s where MYM leapfrogs all of their plans: MYM Nutraceuticals and its majority-owned subsidiary CannCanada signed an exclusive deal with the Quebec municipality of Weedon to build a 1.5 million-square-foot cannabis production facility, consisting of fifteen 100,000-square-foot-greenhouses.

As envisioned, this massive marijuana operation will be one of the largest grow operations on the planet with the potential to produce over 150,000 kgs of cannabis per year-or roughly $750,000,000 worth annually at current market value.

Ironically, all of this increase in production will still not likely result in enough marijuana to fill the massive demands in a post legalized environment.


MYM Nutraceuticals sees itself as a long-term player, and so they have made their efforts part of the communities they plan to work in.

This has been a real win for MYM.

The developing cannabis producer has worked in tandem with the municipality in Weedon to create jobs and spark an entire industry in the process. Weedon itself has gone so far as to commit to acquiring the 329 acres of land for MYM to establish its mega facilities.

The first phase of the Weedon plan, which accounts for 300,000 square feet of greenhouse space, has both architectural and security plans completed. The additional four phases that will see the complete build out are in development.

MYM has advanced on another Quebec-based project, with the recent approval and permitting to begin construction on the company’s smaller facility in Laval. This operation will have the capacity of producing 1,000 kgs of cannabis annually. It’s scheduled for completion by the end of Q4 2017.

Along with growing and cultivation at Weedon and Laval, the company is advancing formulation and production to support branding and distribution of its entities Joshua Tree, MyHemp Skin Therapy, and HempMed offerings.

MYM appears well diversified.

Out of all the noise in this space, the leaders are emerging. LPs seem to the obvious choice and are gaining ground fast.

MYM Nutraceuticals is on a fast track.

The company has been building its brand and distribution, alongside its growth and product quality. They’ve combined this with experienced management and channel partners who can contribute to them becoming one of solid players in the LPs category.



Aphria Inc., boasts itself as one of Canada’s lowest cost producers, that produces, supplies and sells medical cannabis. Located in the greenhouse capital of CanadaLeamington, Ontario, Aphria provides pharma-grade medical cannabis, and quality patient care. Aphria was the first public LP to report positive cash flow from operations, and the first to report positive earnings in consecutive quarters.

Organigram Holdings Inc. (TSX-V: OGI) (OTCQB: OGRMF)

Organigram Holdings Inc. is a TSX Venture Exchange listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of medical marijuana in Canada. Organigram is focused on producing the highest quality, condition specific medical marijuana for patients in Canada. Organigram’s facility is located in Moncton, New Brunswickand the Company is regulated by the Marihuana for Medical Purposes Regulations.

Canopy Growth Inc. (TSX: WEED.TO) (OTC: TWMJF)

The granddaddy of the corporate cannabis sector, Canopy Growth is the world’s largest diversified cannabis company. Canopy boasts a wide offering of distinct brands and curated cannabis varieties in dried, oil and capsule forms. Most widely recognized is Canopy’s subsidiary Tweed which is the world’s most recognized marijuana production brand, as well as an industry educator. Accompanying Tweed in Canopy’s portfolio is medical-grade cannabis producers Bedrocan Canada. In total, Canopy Growth’s numerous state-of-the-art production facilities total over half a million square feet of GMP-certified indoor and greenhouse production capacity.

For a more in-depth look into MYM you can view the in-depth report at USA News Group:


Article Source: 

USA News Group


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