Medican Enterprises Inc (MDCN)

[Seekingalphacontributor]

What this means is that not just one but two possibly even all three of their facilities will be licensed simultaneously. This is huge.

I think we can start spreading the word that a license should be announced fairly shortly. But the company has been very clear that they have always planned on starting production in september.

some articles about the company:
http://www.newswire.ca/en/story/1323701/international-herbs-to-locate-its-world-class-medical-marijuana-facility-in-restigouche-county-new-brunswick
http://au.ibtimes.com/articles/547438/20140410/bigger-space-cultivating-medical-marijuana-canada-ihmml.htm
http://www.news-medical.net/news/20140410/Canaleaf-Systems-signs-definitive-agreement-to-purchase-5025-of-IHMML.aspx
http://www.vancouversun.com/news/metro/Delta+approves+first+medical+marijuana+facility/9893053/story.html
http://cannabisinvestingnews.com/tag/otcbbmdcn

And if you can read french:

http://www.lechodelabaie.ca/2014/01/27/culture-de-marijuana-medicinale-a-atholville
http://www.acadienouvelle.com/actualites/2014/01/20/marijuana-medicinale-producteur-sinteresse-usine-datholville/
http://www.acadienouvelle.com/actualites/2014/03/11/marijuana-zenabis-choisit-atholville/?pgnc=1
http://www.acadienouvelle.com/actualites/2014/04/03/restigouche-certain-espoir-renait-venue-zenabis/

Even the french wikipedia has something on the company: http://fr.wikipedia.org/wiki/Atholville

the french articles are certainly the most informative.

Great info on the status of MMPRs and the real future value in the Canadian marijuana industry:
http://www.midasletter.com/midas-letter-financial-radio-podcast/medical-marijuana-mmpr-consultant-george-routhier-podcast-interview/

Take away: MMPRs are a lottery ticket (we have to keep that in mind) but a lottery ticket in which the odds are winning are very high if you are a licensed producer. My investment in Canada has never been about the 40,000 MMAR nor the potential 400,000 patients through medical legalization not even the 3 million+ recreation users. MMPR is basically giving Canada a head start in the global manufacturing of top-grade medical marijuana. while marijuana can be produced more cheaply around the globe. Canada is creating a new standard of marijuana that will rake in billions. And as medican will be the largest grower in Canada it will benefit the most from a global export market. I salivate.

I keep scratching my head trying to figure out the reason for the sell-off. Then I decide that it will be impossible to understand and I buy more shares. If anyone has been holding and hoping for the stock to just 'go back up' I think you are missing out on a great opportunity. And come september, you will be kicking yourself for not adding more when it was this cheap. I had pot stocks that were virtually worthless before january 1st. I decided not to add at all. I keep kicking myself for not buying those lows. I ended up making 200% gains. but I easily could have made 1000-5000% gains.

I'm keeping my ear out for positive news. I hope everyone else does as well.