One of the storylines that will gain a lot more attention in 2019 is that of cannabis delivery. One business is already bringing in tens of millions in this space and will more than double that revenue in under two years.
This post-merger powerhouse now has 19 retailers operating or planned in Canada and the U.S. Supporting those stores will be 23 indoor growing facilities, five processing plants, and two outdoor growing operations.
Having the largest footprint in the U.S. cannabis industry has advantages. It’s especially so when your company’s key markets are the most likely in the country to expand from medical-only to fully legalized next. It makes Curaleaf the kind a company investors can't resist for long.
You'll hear us say this a lot in the coming months: NICI believes that branding will be the key to success as cannabis markets grow and eventually mature. And today, we're going to share with you a pre-IPO company that has taken a broader approach, and focused on parts of the market some of its contemporaries like to pretend doesn't exist.
The most important aspect of any IPO (initial public offering) or RTO (reverse takeover) is twofold: share structure and valuation. But, before we dig into this, lets explain the difference between the two.