3 Cannabis Oil Leaders Investors Need To Know

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.  

During the last year, demand for cannabis oil has significantly increased and this is a trend that we expect to continue. The main factor that contributed to this increase is the increased awareness of the health benefits that are associated with cannabidiol (CBD), one of the most utilized compounds in the cannabis plant.

We have been favorable on the cannabis oil opportunity and believe that this is an area where investors need to be focused. One of the reasons why we are so favorable on this opportunity is due to the better economics associated with CBD, especially when compared to cannabis flower. Another reason why we are favorable on cannabis oil is due to the decreasing number of people smoking cigarettes.

Today, we want to issue an update on the cannabis oil opportunity and highlighted 3 companies that are laser-focused on this burgeoning market.

MediPharm Labs: Nothing Short of an Execution Story

When it comes to leading Canadian cannabis oil companies, MediPharm Labs (TSXV: LABS) (OTCQB: MLCPF) is a company that comes to mind. If you compare the leading Canadian cannabis producers to MediPharm Labs from a revenue standpoint, you will see why we are so excited. During the month following the granting of a sales license from Health Canada, MediPharm Labs generated $10 million in revenue and this is a major milestone.

MediPharm Labs is producing pharmaceutical-grade cannabis oil and concentrates at industrial scale, and is operating out of a fully functional 70,000 sq. ft. facility. The facility can currently process 150,000 kilograms of dry cannabis flower or trim per year, the largest extraction footprint in Canada, and the company is the middle of a major expansion that is expected to increase processing capacity to 250,000 kilograms of dry cannabis per year by the end of the second quarter of 2019 (that’s more processing capacity than there was cannabis grown in all of Canada in 2018 and 2019 to date).

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Anthony Varrell is Managing Director of StoneBridge Partners LLC. SBP continues to drive market awareness for leading firms in the cannabis industry throughout the U.S. and ...

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