More than 10,000 tons of cannabis are produced on the continent each year, according to a UN survey
, which advocates believe could be worth billions of dollars in a rapidly expanding global market for legal weed.
African governments have not yet followed the trend of legalization seen in Europe and the Americas. However last year, Lesotho became the continent's first country to offer legal licenses
to grow marijuana, signaling a wider shift toward more liberal policies. From Morocco to South Africa, there is growing interest in cashing in on a valuable crop. But in each case there are unique challenges to face.
Randy Torno was the CEO for USMJ - Marijuana Company in 2011 and I believe he is has taken over the helm of Restance to bring health and sociail responsibility in the form of Marijuan and Sex (condom manufacturing). More to come... http://kenyaconfidential.com/2018/05/06/zimbabwe-and-lesotho-legalise-medical-marijuana-growing/ https://420intel.com/regional/kenya
https://www.cnn.com/2017/10/09/africa/african-countries-legalize-marijuana/index.html https://africabusinesscommunities.com/news/cia-group-engages-east-african-development-partners-in-planned-$530-billion-initial-currency-offering-targeting-african-financial-markets/ Share Structure
Outstanding Share 50 mill
Float - Undisclosed but very low.
On May 10th, 2018 Fisher Asset Managemet Purchased 290,000 shares of Ance. During the last week of May there has been some interesting buying taking place in the amount of a few hundred thousand shares. Is Fisher Asset Management still purchasing shares? I know this is ridiculously low $ amount for any institutional investor however any big buying would take this stock into penny in a hearbeat.
|Security ||ANCE / RESTANCE, INC. (76131Q104) |
|Institutional Owners ||1 |
|Institutional Shares ||290,000 |
|Institutional Value ||$ 1,000 USD |
Institutional Stock Ownership and Shareholders
RESTANCE, INC. (OTC:ANCE) has 1 institutional investors and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 290,000 shares. Largest shareholders include Fisher Asset Management, LLC.
RESTANCE, INC. (OTC:ANCE) ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions. The Schedule 13D indicates that the investor holds more than 5% of the company and intends to actively pursue a change in business strategy. Schedule 13G indicates a passive investment of over 5%. Green rows indicate new positions. Red rows indicate closed positions. Click the link icon to see the full transaction history.
|Investor ||Fisher Asset Management, LLC |
|Portfolio Value ||$ 75,401,993,000 |
|Current Positions ||829 |
|Opened Positions ||0 |
|Closed Positions ||65 |
If you would like to check to make sure ANCE is in Fisher Assest Managements Portfolio please click on the link. You will find ANCE 3/4's of the way down https://fintel.io/i13f/fisher-asset-management-llc/2018-03-31-2 USMJ Announces Make America 420 Friendly Again Fourth of July Rally
. On the Restance Website June 29th, 2017 Dallas, TX – June 28, 2017 - North American Cannabis Holdings, (USOTC: USMJ) today announced a Fourth of July Holiday Season Social Media Campaign to Rally Support for Marijuana Legalization. The Company is encouraging legalization supporters to re-post the picture below through their favorite social media apps to demonstrate national solidarity for Making America 420 Friendly Again.
North American Cannabis Holdings, widely known as “USMJ” was founded by military veterans. The Company’s mission is to support cannabis entrepreneurs by connecting entrepreneurs with anybody and everybody interested in investing one dollar to a million dollars in the future of legal cannabis. USMJ brings entrepreneurs and investors together through partnership in micro-cap public companies traded on the OTC Markets. Investors can buy micro-cap public stock in public holding companies under which entrepreneurs build their cannabis enterprises. Stock purchases help the entrepreneurs get access to investment capital, and if the entrepreneurs have success, investors can enjoy the stock price reaction to the entrepreneurs’ success.
USMJ is publicly traded on the OTC Markets and has piloted a variety of entrepreneurial cannabis enterprises. One pilot is now listed on the OTC Markets in a standalone public holding company – Puration, Inc. (USOTC: PURA) – a cannabis extraction company.
Invest In Entrepreneurial Cannabis Enterprises To Make America 420 Friendly Again
Dozens of entrepreneurial cannabis enterprises are racing toward the future of legal cannabis sourcing investment capital by operating under an OTC Markets listed public holding company. Rocky Mountain High Brands (USOTC: RMHB) is making cannabis infused beverages. PotNetwork Holdings (USOTC: POTN) can’t keep cannabis infused gummies in stock. HEMP, Inc. (USOTC: HEMP) is building out an industrial hemp processing facility. MassRoots (USOTC: MSRT) is helping cannabis consumers make educated purchasing decisions. Spend some time this Fourth of July Holiday Season Google Searching on entrepreneurial cannabis enterprises publicly traded on the OTC Markets. Find one or two or more that you like and get behind the entrepreneurs. Take a chance and buy some stock in their Company. Down load an E*Trade App or a TD Ameritrade App or any other online brokerage account and become a cannabis enterprise investor. Helping cannabis entrepreneurs will help Make America 420 Friendly Again. WEB SITE http://www.restanceinc.com/