Geometry Dash APK Hill Climb Racing APK
64.4 F
New York
Sunday, June 13, 2021

CANNABIS WHEATON I (OTCMKTS:CBWTF) Blazing Ahead with Streaming Model

Must read

Bombardier, Inc. (OTCMKTS:BDRBF) Continues to Gain Momentum and Strength

Many stocks have managed to record significant gains in recent months and one that often flies under the radar is Bombardier,...

Grayscale Bitcoin Trust (Btc) (GBTC) Makes Big Move As Bitcoin Goes Wild

Bitcoin, the world’s biggest cryptocurrency by market cap, has been in the middle of a remarkable rally for the past few months...

Voyager Digital Ltd (OTCMKTS:VYGVF) Hits All-Time High on Download News

The remarkable rally enjoyed by several crypto assets over the course of the past months has also resulted in an increased demand...

Solar Integrated Roofing Corp (OTCMKTS:SIRC) Surges Higher On Sector Strength

The Solar Integrated Roofing Corp (OTCMKTS:SIRC) stock has come into sharp focus among investors and on Wednesday, the stock made significant gains...

CANNABIS WHEATON I (OTCMKTS:CBWTF) traded strong on Wednesday and has followed through on Thursday posting a 23% jump with strong volume. CBWTF added around .24 cents in value during the last 2 sessions and over a five-day span the company is up +55%. 

According to the company, CBWTF is using the stream, or streaming, model to fund cannabis companies, taking an equity stake and future cannabis product in exchange for its investment. While the company has agreements with more than a dozen partners, to date it has made sizeable investments in two, with more planned upon management completing due diligence and negotiation of terms.

CANNABIS WHEATON I (OTCMKTS:CBWTF)  is a collective of entrepreneurs with a passion for the cannabis industry past, present and future. Our mandate is to facilitate growth for our partners by providing them with financial support and sharing our collective industry experience. Our partners all have different visions, voices and brand values, and all share a common goal—to build a world-class industry based on ethics, diversity, quality and innovation.

Find out when $CBWTF reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Streaming partners of CBWTF are getting an experienced team. CEO Chuck Rifici is well respected as one of the most prominent entrepreneurs in the cannabis business, founding Tweed Marijuana, known as Canopy Growth Corp., and making it into a juggernaut.

Rifici has surrounded himself with some of the most well-known and successful names in all of cannabis.

CBWTF is looking to command a solid market share from seed-to-sale. In that light, licensed cultivators are only part of the equation. Distribution is a must for maximum market penetration and the company is taking a leadership role on the front also, positioning itself and its streaming partners with an array of potential sales channels.

According to a company interview, last month an alliance was forged with a 350 convenience stores to develop and implement cannabis distribution and retail sales opportunities across Canada. CBWTF has an established relationship with this convenience chain and will be looking to forge similar deals going forward.

Furthermore, CBWTF has brought on Strategic Growth Capital Corp. as a partner. According to the press, SGSC consists of a seasoned management team with over 100 years of combined experience in delivering on large-scale power generation and construction projects. As a result, the Facility will provide several competitive advantages to both SGSC and the Company as SGSC has created strategic partnerships with both a qualified engineering, procurement and construction contractor to provide lower cost renewable and natural gas solutions. SGSC expects to yield over $6 million in energy savings for Phase I of Facility construction.

CANNABIS WHEATON I (OTCMKTS:CBWTF) has a market cap of $218.38M and outstanding shares of 264.06M. CBWTF is an interesting story in the cannabis space with an interesting business model. The team has interesting players at the helm and should be on your radar. Sign-up for continuing coverage on shares of $CBWTF stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $CBWTF, either long or short, and we have not been compensated for this article.

Latest article

American Diversified Holdings Corp (OTCMKTS:ADHC) Nears Critical Level

When a stock records significant gains and then crashes and repeats over the course of a few months, then it might be...

Reconnaissance Energy Africa Ltd (OTCMKTS:RECAF) Gathers Further Momentum

If you are currently looking for stocks that may have recorded massive gains within a short period of time, then it might...

Is Tilray Inc (NASDAQ:TLRY) Stock a Good Buy After The Recent Fall?

The cannabis sector may have had a hard time not too long ago but over the course of the past months, the...

Sysorex Inc (OTCMKTS:SYSX) Stock Still Riding Big News

Investors are always drawn to stocks that make a big jump out of nowhere. So it's no surprise that Sysorex Inc (OTCMKTS:SYSX)...

BIGG Digital Assets Inc (OTCMKTS:BBKCF) is Struggling to Regain Momentum

Over the course of the past few months, the continued rally in some of the biggest cryptocurrencies has led to considerable interest...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service