NIA urges its members to research FinCanna (CSE: CALI) immediately at $0.27 per share because it is hosting a HUGE conference call after the close at 4:15PMEDT to discuss MAJOR recent developments. This is an undiscovered cannabis streaming royalty company with a market cap of less than $27 million! After tonight's conference call it could become a HUGE play tomorrow due to major huge catalysts ahead!
When NIA announced its first ever cannabis stock suggestion in May 2017 it was the company Cannabis Wheaton now known as Auxly Cannabis (TSXV: XLY), a cannabis royalty company that rose from NIA's suggestion price of $1.08 to a high of $2.97 for a rapid short-term gain of 175%.
In NIA's opinion, cannabis royalty companies are the safest way to play the cannabis industry. Cannabis royalty companies are likely to have the highest profit margins out of all cannabis companies because they invest to receive large long-term streaming royalty payments without being responsible for the operating expenses of cannabis cultivators!
NIA's previous cannabis royalty stock suggestion XLY now has a market cap of $750 million. Another cannabis royalty company CannaRoyalty (CSE: CRZ) currently has a market cap of $500 million. CALI's market cap at $0.27 per share is an insanely low $26.46 million when they are about to receive a HUGE cash payment of $3.9 MILLION in December due to the restructuring of a royalty agreement with Cultivation Technologies Inc.
CALI already had $5.68 MILLION in cash on its balance sheet and in July it successfully raised an additional $6.8 MILLION in a private placement at $0.30 per share. Besides being set to receive a $3.9 MILLION cash payment from Cultivation Technologies Inc in December, CALI has negotiated a 3.44% royalty from Cultivation Technologies Inc that CALI will receive in PERPETUITY!
CALI also has a perpetual royalty in Refined Resin ranging from 7% up to 16% of the company's consolidated annual revenues. Refined Resin has just launched its initial operations and on September 26th it announced its first ever purchase order worth $840,000. Two weeks ago, Refined Resin announced a second purchase order worth $9.6 MILLION! This is insane! Refined Resin has already announced two purchase orders worth a combined $10.44 MILLION and CALI has an effective royalty rate of 11.75% on the company's first US$160 million in consolidated annual revenues!
CALI previously funded the company Green Compliance, which just announced one week ago that it has launched its cannabis taxation reporting technology for their ezGreen state-of-the-art enterprise compliance and point-of-sale (POS) software solution for licensed medical cannabis dispensaries and cultivators. ezGreen provides the only comprehensive tax reporting solution in the cannabis industry! It is already being tested by a MAJOR cannabis management company with a portfolio of 30 dispensaries and CALI will receive a PERPETUAL royalty equal to 10% of consolidated gross revenues!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from CALI of $20,000 cash for a 1-week investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.