Canadian CANNAINVESTOR Magazine December 2018 | Page 305

281

Louis Kyron, CPA, CGA

Editor in Chief @LouisKyron

The content are opinions only and are not intended as investment advice or any buy/sell recommendation but rather for education and awareness purposes only. Always seek out a professional Financial or Investment Advisor for advice and information as warranted

Is BLVG a present waiting to be unwrapped? YOU DECIDE.

It is not very often I write a case study on our cover feature company; however, HUGE warrants some quick hits. Your case study this month is to use the entire content in this issue as well as information available on their website and other reputable sources to determine

if FSD Pharma

may have a

place in your

own portfolio.

These are just

some quick hits.

HUGE has

three facilities:

1. Cobourg Ontario - has the potential to host over 3,800,000 sq. ft. of cultivation and processing area. Through this, FSD Pharma intends to target all legal aspects of the cannabis industry, including cultivation, processing, manufacturing, extracts and research and development.

2. Montreal Quebec – Cannara Biotech. HUGE owns approximately

25%. for

the

purpose of

cultivating

and/or

selling

cannabis

and

cannabis-

derived products. At this time, FSD Pharma and Cannara Biotech have a combined floor space of over 1.245 million square feet of indoor growing capacity.

3. Newfoundland and Labrador – purchased 51% of Atlantic Island Cannabis Inc (to be renamed FSD Atlantic Pharma Inc). formed to build a solid platform for locally driven economic opportunities and sustained progress in the province of Newfoundland & Labrador. ATLC has been working with the province for the supply agreement and retail licenses. As an organization, ATLC believes in building strategic partnerships and focused investments to create jobs and local employment avenues.

Recent Highlights.

FSD Pharma Facility Valued at $105,000,000 with 3,000,000 ft Expansion Assessed at $420,000,000.

Mark to market investment gain of $6.8 million in Q3.

Positive comprehensive earnings per share in Q3 of $0.003.

Strong cash position, exiting September 30, 2018 with $33.8 million and no relevant debt.

Successfully achieving transformational milestones of targeting all legal aspects of the cannabis industry, including cultivation, processing, manufacturing, extraction and cannabinoid pharmaceutical research and development.

Received license to sell to other licensed producers while also increasing production footprint.

Construction timeline and budget remain in line with expectations for the 220,000 square foot phase 1 expansion at the facility in Cobourg in partnership with Auxly Cannabis Group Inc.

Full sales license application in progress for Cobourg facility.

FSD Pharma and SciCann Therapeutics to Present at the iCDP Summit in Boston.

FSD Pharma’s New CEO is a Top GW Pharma Executive (Rupert Haynes).

FSD Pharma Inc.

CSE:HUGE

As At: November 30, 2018

Net Shares Outstanding: 1,319,600,458

Share Price: $0.395

Market Cap: $ 521,242,181

Website: http://fsdpharma.com/

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