{"id":592104,"date":"2017-11-28T20:15:02","date_gmt":"2017-11-28T20:15:02","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=592104"},"modified":"2017-11-28T20:15:02","modified_gmt":"2017-11-28T20:15:02","slug":"epic-news-from-our-neighbor-to-the-north-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=592104","title":{"rendered":"Epic News From Our Neighbor to the North"},"content":{"rendered":"
\"Canadian<\/a><\/div>\n

By Sean McCloskey<\/a><\/span> <\/p>\n

<\/div>\n

This post Epic News From Our Neighbor to the North appeared first on Daily Reckoning.<\/p>\n

The ink’s barely dry on a cannabis deal of epic proportions.<\/p>\n

Three of the world’s leading marijuana companies have decided to pool their resources in a huge joint venture.<\/p>\n

The deal struck between Canada’s Canopy Growth, Holland’s Green House Brands and the U.S.’ own Organa Brands marks the first time in history a legal weed cartel will exist.<\/p>\n

Amazing how times can change so quickly, isn’t it?<\/p>\n

Under this new joint venture, Canopy Growth will give minority ownership stakes in its medical marijuana subsidiary, Agripharm, to Amsterdam’s Green House Brands and Denver-based Organa Brands.<\/p>\n

In exchange for the stakes in Agripharm, Green House and Organa Brands will each give Canopy exclusive royalty-free rights to their trademarks, genetics and other intellectual properties.<\/p>\n

The venture will kick off in Canada first, as that’s where the Agripharm subsidiary is based. But expansion into the U.S. and Holland will follow shortly.<\/p>\n

Commenting on the partnership, Chris Driessen, president and owner of Organa Brands, had this to say: \u201cThe sky’s the limit when you have three of the most influential cannabis brands in the world unifying to start the process of global expansion.\u201d<\/p>\n

I couldn’t agree more.<\/p>\n

Ramifications Be Damned<\/p>\n

In case you missed the recent report from Ray Blanco last month, let me quickly recap.<\/p>\n

The Toronto Stock Exchange (TSX) and TSX Venture Exchange plan to contact all pot companies listed with them to determine whether they run afoul of U.S. federal law.<\/p>\n

That means Canadian companies with any exposure to U.S. pot markets could potentially be in violation of their TSX listing obligations. Even if they’re compliant with state laws.<\/p>\n

But what do the Canadian pot companies think of all this?<\/p>\n

Apparently, they couldn’t care less.<\/p>\n

Before news broke regarding the new joint venture, many major Canadian pot firms had already put out press releases patting regulators on the back for the decision.<\/p>\n

Now we have a trilateral agreement for cooperation between U.S., Dutch and Canadian pot companies.<\/p>\n

Clearly, the threat of delisting or even potential legal battles doesn’t scare these companies or their shareholders.<\/p>\n

Head Due North for Riches<\/p>\n

Canadian marijuana companies are having a HUGE November.<\/p>\n

Since Oct. 30, the Canadian pot index made up of 18 of Canada’s largest pot companies is up almost 60% for the month. Check out the chart for November:<\/p>\n<\/p>\n

Most of the late-year gains stem directly from anticipation of July 2018. That’s when the Canadian government expects its plan to legalize recreational pot will go into effect.<\/p>\n

Where there’s a will, there’s a way. Where there’s a demand, there will be weed.<\/p>\n

As a result, companies with stakes in developing recreational cannabis are seeing their share values soar.<\/p>\n

Impressive estimates on the cash value of Canadian recreational pot markets are also fueling this late-year run.<\/p>\n

Reports estimate that Canada could quickly become a multibillion-dollar pot industry within a few years. According to Deloitte, pot legalization could generate up to $22.6 billion annually for the industry.<\/p>\n

This would total more than the annual amount spent on alcohol.<\/p>\n

Canadians might like their beer, but they \u2026read more<\/a> <\/p>\n

Source:: Daily Reckoning feed<\/a><\/p>\n

The post <\/a>Epic News From Our Neighbor to the North<\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Sean McCloskey This post Epic News From Our Neighbor to the North appeared first on Daily Reckoning. The ink’s barely dry on a cannabis deal of epic proportions. Three of the world’s leading marijuana companies have decided to pool their resources in a huge joint venture. The deal struck between Canada’s Canopy Growth, Holland’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/592104"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=592104"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/592104\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=592104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=592104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=592104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}