In 2016 big things happened in the cannabis industry. It was another banner year with the industry growing larger and faster in more places around the world than ever before. One public company that mirrored this trajectory is a company out of Canada, Invictus MD Strategies Corp. (OTC: IVITF TSXV: IMH FSE: 8IS). Invictus completed more quality deals (buys & sells) over the past 24 months than most companies can do in their entire existence. In the past 12 months, investors in Invictus should be happy, probably even downright ecstatic as they have seen the stock price soar from less than $0.25 to over $1.84 on the TSXV on April 10, 2017. In addition, the Company paid a $1M dollar dividend in December 2016 to shareholders after it sold a division in one of its subsidiary companies. This represented a $0.07 cash payout per share on the record date for shareholders. Pretty good right? It gets even better… 2017 is shaping up to be better than 2016 as Invictus has been putting its capital to work over the past few of months, becoming the sleeping giant in the Canadian cannabis market.
Invictus MD Strategies Corp.
TSXV: IMH OTC: IVITF
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