Perk Labs Inc (PKLBF)

[Growth101]

There is more to this little gem here.

The cannabis market in Canada. US companies like paypal cant sniff this market in Canada, since it is illegal. Banks also dont want to touch it, because of risk involved.

That leaves pay by phone companies in Canada to conduct business directly with this market.

What this boils down to, someone is going to own this market and probably have a monopoly on it, in Canada. We could be talking about an 8-10 billion potential market, just for marijuana, in Canada. And that could be a lowball number.

So this firm is striking deals with companies that are about to IPO for trade, has millions of shares of ownership inside of these companies, and will grow cash just from the success of other companies performing well while they and the company they have ownership in take control of the market. We are talking to the tune of what, 10,000,000 shares of stock.'

As Glance grows, and these other firms grow, with the assumption that they do conducting business together, you can see how this cash cow on this side of the sector looks very promising since competition to enter it is not only scarce but challenging for any one else to take it over.

So its not just the tech here. Challengers like paypal cant sniff it, and neither can anyone else outside of Canada.