Replies to post #94467 on Creative Edge Nutrition Inc (FITX)

[mick]

pg.2 Medical Marijuana in Canada Set to Boom from cramer stuff/\
By Ross Kenneth Urken
new support level established 03-04-14 by casper mick



[-chart]i.thestreet.com/files/tsc/v2008/photos/all-pics/mainstreet/potbag-front-offlead.jpg[/chart]

one thing also by casper mick, fitx borders michigan to canada.

fitx said dispensaries in michigan also.

"My intention is to grow enough cannabis to supply Canada and build an export market," said Bill Chaaban, CEO of Creative Edge Nutrition in Madison Heights, Mich.

Marijuana from this Canadian facility would be sold in Israel, Holland, Colombia and Uruguay.

"We are looking for five times the return on our investment from this partnership," GrowLife CEO Sterling Scott told MainStreet.

Another play to look for: CEN Biotech will use technology company Endexx (EDXC) for its seed-to-sale tracking software. Licensed producer Tweed is looking to go public through reverse merger. Also keep an eye on seed-to-shelf cannabis cultivator Tilray, a company in Nanaimo, British Columbia that is controlled by Privateer Holdings, a highly regarded cannabis-focused private equity fund.

Related Articles
Is Marijuana Really Medicine?
Medical Marijuana in Canada Set to Boom
Marijuana Entrepreneur Is Blazing a Trail for Big Business
Marijuana Insurance -- The Next Frontier
Cannabis Companies: At Arc View, Investors Pay to Play
Growing Like Weed

Medical marijuana is currently legal in 20 U.S. states, with Colorado and Washington state recently decriminalizing recreational use. This trend is only accelerating.

Recent analysis on the American marijuana marketplace by ArcView Angel Investors forecasted that the five-year national market could grow to $10.2 billion amid rising demand and potentially new state markets.

Financiers in Canada are looking to capitalize on this expanded demand in the U.S. and growing ability in Canada by using their business acumen to help develop cannabis companies that already have technical expertise.

Harry Barr, financier and president and CEO of mining company Next Gen Metals (CSE:N), is looking to get in on the marijuana game up north.

"Recent legal changes have convinced us that this emerging, multi-billion dollar market would benefit from our expertise," Barr said. "A growing proportion of the medical community believe that medical marijuana and more specifically cannabinoids have the potential to help patients who are suffering from a variety of ailments and illnesses."