CannabisNews420.com – Cannabis/Marijuana Industry News
There are several important factors to consider when investing in the marijuana stock market. For those who are new to buying cannabis stocks, the most important focus usually lies on the companies that can grow the most of the substance. This may sound like a good place to start, but it does deny a large amount of the value that lies in the lower end of the cannabis market. These companies which reside in the mid to small-cap cannabis market, have a large amount of opportunity to offer the space including new and innovative technology in combination with a large amount of drive for future goals.
Biome Grow Inc. (BIOIF/BIO.CN) is a company that operates through a series of subsidiaries all based in the cannabis market. Throughout Canada, the company has operations in places such as Ontario, Nova Scotia, Newfoundland and Labrador, Prince Edward Island and more. Well, their focus is quite broad, the company has stated that they are working throughout many different facets of the cannabis market including tech, medicinal and recreational, and international business prospects. The broadness of their business model, however, has allowed them to expand quite rapidly to become one of the leading cannabis conglomerates in the market.
Recently, Biome Grow announced that their newest brand out of Ontario, will be known as Great Lakes Cannabis Co. The goal with this new brand is to begin moving into the international markets with Canadian grown marijuana, which has shown itself to have a large amount of demand in recent months. The company has stated that they expect to receive a cultivation license in a short period of time as soon as they are done with their new facility in Norwich. The production facility will be located on around 100 acres of land in Canada, which should help them to grow both indoor and outdoor cannabis with a large amount of scalability.
Khurram Malik, CEO of the company stated that “Our Great Lakes Cannabis brand and facility will primarily supply cannabis products to the Atlantic Canadian provinces that Biome operates until additional distribution channels are brought online in Ontario.” All in all, Biome Grow remains one of the most prominent cannabis subsidiaries currently working out of the Canadian marijuana market.
Flowr Corp. (NASDAQOTH:FLWPF) is one of the leading small-cap Canadian cannabis growers. The company has been focused on producing some of the highest end marijuana in the business with their focus on the ultra-premium market. In the last quarter, the company saw their dried cannabis prices rising which is something that other companies have not done.
The reason for this is that they are considered to be a specialty brand, which is sort of a niche side of the industry. In terms of growth efficiency, the company has been able to push out as much as 300 grams per square foot with their high tech grow operation. Flowr Corp. has stated that their goal is to be able to produce around 450 grams per square foot which they plan to do in the coming future.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Biome Grow, Midam is being paid a total of $240,000 ($20,000 per month) for a period beginning on October 1, 2018, and ending on October 1, 2019. We own 0 shares of Biome Grow (BIO.CN). We may buy or sell additional shares of Biome Grow in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Biome Grow (BIO.CN).
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