representing a 2329% ROI since May 2016. With the sudden interest in infused beverages it is no wonder we are seeing other companies announcing their intended move into this space. Tinley was also just included in the much coveted IA top 40 list of beverages – this list includes some of the blue chips such as Constellation Brands.
There are so many other strategies. Are there dots to connect that may suggest what specific sector or even company may be more geared for M&A at this time – edibles and beverages? Namaste Technologies just recently announced it had sold all of is USA assets for what consider a low amount yet the share price increased on the news – is this because of a desire to not be associated with the USA market at this time OR is it positioning itself for M&A with an LP? Are lower market cap LPs not suitable for M&A? Headlines such as this November 30 one from SmallCap power is a reminder that increased M&A is inevitable “Aurora Cannabis Merger with Aphria Seems Crazy But Could Happen”. If you remove the names of the companies from the title and read the article the benefits of merging are well articulated and apply to any complimentary set of companies.
I encourage you to read our case studies this month and perhaps re-read past case studies including last issue’s “new world meets old world” that explored companies that are not only in the legal cannabis/hemp industry pre-legalization (recreationally) but are also involved in cryptocurrency, blockchain, as well as facets of the modern day (mobile apps, etc). Since that strategy was introduced and published many others have repackaged it and started discussing it as though it was theirs all along. Whatever floats their boat but for you the retail investor, that subsequent and increased awareness to our strategy only translates into greater investor awareness and participation. This month’s case study on CSE:BLVG is indeed an example of a low market cap company, with revenues, diversification, proven management team, and developing what appears to have the potential to be a blockchain application that could revolutionize aspects of the industry. This December 2017 third party content on cryptocurrency includes BLVG as one of their companies to discuss. When I see unrelated third parties discussing the same company that we also discovered at the same time, it resonates.
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