Profitable Trader Authority email promotion of WLDCF!
It's Official – The Biggest Cannabis Merger
In Europe Just Happened!
Dear Fellow Trader,
Immediately turn your attention to ICC International Cannabis Corp (WLDCF)
The survey polls are clear-cut: legalization is a matter of WHEN, not IF.
In Canada, cannabis is already legal. In the U.S., many states have already legalized use for medical purposes, recreational purposes, or both; but in the Eurozone, a market that is projected to reach the U.S. dollar equivalent of more than $130 Bil by 2028.
As an investor, my role is to get in early, and right now, there are no ETFs that invest in cannabis outside of North America, so what I did was conduct due diligence on which companies are (1) acquiring the first government licenses in the EU, (2) making strategic investments in brands that appeal to European consumers, (3) forming relationships with suppliers and with distribution chains to spread their products efficiently and profitably, and (4) WHO IS DOING IT FIRST?
All the other questions were answered by one company, which according to wealth research considers as diversified as actually owning an ETF, since they have licenses in over 14 countries!
In some of these markets, they are either the first or SOLE licensee, which could potentially give them and their shareholders a massive early-mover advantage.
In Europe, they already have a foothold in approx. 11 countries – one of which is Germany, where the potential could be immense.
The cannabis market may have attracted some big money, but I believe nobody has quite realized the potential of the Global weed market like WLDCF, this company is making some big moves in 11 different countries.
The company has announced a number of breaking developments in recent weeks that continues to showcase what could be a remarkable growth opportunity.
They've just raised CAD$45 Mil, which means that their balance sheet looks to be rock-solid.
Not only do they now dominate the European market in size and scope, but they've also just acquired what looks ike incredibly valuable assets.
As you can see, they have taken major steps over the past two years to become one of the largest GLOBAL cannabis-focused companies on the planet.
Through their subsidiary, Cosmos Holdings, they have gained access to a distribution agreement that reaches 39,100 pharmacies in 16 countries.
But what really astounds me more than anything else is the following three critical points:
Valuation: The company has a market cap of CAD$200 Mil, which is USD$150 Mil. Their German facility is huge and is one of the ONLY three in the entire country with an EU-GMP medical grade permit. Its replacement cost alone is USD$125 Mil, and with their CAD$45 Mil cash in the bank, this translates to a situation where shares are trading for the value of the cash and the German replacement cost alone!
ICC International Cannabis (WLDCF) has secured a 3-year, 30M Gram cannabis agreement for import into the EU from Canada at a fixed price with the Wayland Group, a company of which they acquired 49.9%.
The estimated profit is USD$90 Mil per annum, so that alone is USD$270 Mil, close to twice the current market cap!
To make this easy to understand, it’s like buying a house for $100K, which would then generate $300K in rent for the next three years, all things being equal.
It's cheap.
