Multi-state Cannabis Potential Increases Through Brand Acquisitions and Bank Opportunities - Seite 3

Based on established revenue streams and trajectories, Cannabis One Holdings Inc. is set to accumulate US$116 million in 2019. By 2020, that projection more than doubles to US$289 million, and more than quadruples to US$561 million.

Much of this growth comes from a strategy that relies on new dispensaries. Instead of starting from scratch, Cannabis One Holdings Inc. (CBIS) (CAAOF) acquires successful dispensaries, and then retrofits them with The Joint branding. In 2019, The Joint's footprint will finish with 25 stores across 5 states. By 2021, the expectation is to have 100 stores across ten states.

By this point, there's a good possibility that the SAFE Act will already have passed. Perhaps even federal prohibition of cannabis will be lifted. But for now, the optimism for the legal potential of the cannabis sector is on the rise.

Further Multi-State Branding

Through a recently signed licensing agreement with American skateboarder Tony Hawk's Birdhouse Skateboards, 1933 Industries Inc. (OTC:TGIFF) (CSE:TGIF) will collaboratively launch hemp and CBD recovery creams and lotions. The two-year deal will entail the launch of several co-branded CBD wellness products in North America. The products will be sold under the Canna Hemp, Canna Hemp X and Birdhouse Skateboards names.

Products from Curaleaf Holdings, Inc. (OTC:CURLF) (CSE:CURA) just began selling their CBD-infused products in more than 800 CVS Health stores. The distribution deal for the products infused with the trendy, non-intoxicating hemp component caused Curaleaf's shares to jump upon the announcement. CVS has started selling CBD creams, sprays and lotions in either states, that include Alabama, California, Colorado, and Illinois.

Green Thumb Industries Inc. (OTC:GTBIF) (CSE:GTII) recently closed the acquisition of For Success Holding Company, which is the lifestyle suite of Beboe branded cannabis products. Beboe is currently available in more than 125 retail locations in California and Colorado, and was also announced to be on the shelves of the newly launched The High-End luxury cannabis stores, from Barneys New York. Green Thumb is also in the process of acquiring Essence, which has a strong presence in Nevada and in California, for a mainly stock amount worth $290 million.