Latter stage ACMPR license applicant with a market cap of <$8.2MIllion
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By William Weady
HARVEST ONE CANNABIS INC
TSXV:HVST
As At Date 11/29/2017
Shares Outstanding: 89,177,458 (www.tmxmoney.com)
Share Price: $0.88 Market Cap: $78,476,163
Warrants: $0.135 Strike Price & Expiry: $1.50 June 29, 2019
Feel free to follow me on twitter @Weady28
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Again, are you thinking what I am thinking? Could CANRVE in time become publicly traded or be the target of M&A? What about renting out your own property?
What about your own culinary services if you can cook with Cannabis OR perhaps you would like to hire a chef?
Lawful companies in the legal hemp and cannabis industry can also advertise through the CANRVE portal. Their model is as simple as it is brilliant. All listings are free. CANRVE takes a commission of the bookings and that commission varies depending on the nature of the listing. Home rentals, for example, are a 10% commission and the average rental is 3 nights. There are premium listing offerings that do attract a fee. All information is available on the investment details link above and the reasons to invest, per that source, include:
DISPENSARIES
Dispensaries listing products = $5.77 M / 50% of available market. Total dispensary gross revenue projected by 2021 = $19 M (20% conservative increase annually)
MARKET ADAPTION
In today's competitive world, a travel consumer, homeowner, and the cannabis business owner are all faced with many options.
CANRVE Partners With:
Home Owners In The Legal Marijuana States and Countries
Dispensaries
Medical Marijuana Doctors
Cannabis Event Planners
Cannabis Chefs
Cannabis Companies Advertising and Marketing Products
COMPETITION
CANRVE's competitors in the online vacation rental space
CANRVE's competition in the online cannabis-friendly rental home market is Airbnb, Bud and Breakfast, The Travel Joint, and Potguide. The first three companies are our strongest competitors because they already have an established online presence. While Airbnb is the most widely recognized with an excellent reputation in the home rental marketplace, they do not market directly to the cannabis community. Bud and Breakfast is still growing but at a much slower pace than what they have previously predicted. They also lack the full-service travel experience that CANRVE offers. The Travel Joint business model is closest to ours, but they have limited their market to only four states, Nevada, Oregon, Washington and Colorado and are also growing at a languid pace. PotGuide is not a strong competitor because their primary focus is a dispensary guide and not travel.
Currently, the cannabis-friendly home rental and hotel market are so new that statistics are not available to the public. We can conclude how these companies are doing based on their number of product offerings as well as how that number compares today to the predictions they put out in their press pieces at the time of launch. For example, Bud and Breakfast predicted they would be at 3000-4000 homes by the end of 2016 and only have around 421 listings on their site currently.
CANRVE's competitors in the online dispensary and medical marijuana guide space
There are many online dispensary guides. However, we only consider the most popular ones as our true competition. These are Leafly, Weedmaps, Potguide, LeafStrain, Marijuana Connect, Lift and MassRoots. While all of these guides are succeeding at their primary focus of providing information on dispensaries, none of them include the full-service travel experience that CANRVE offers.
The exact number of operating dispensaries fluctuates day to day because of the high number of dispensaries that are shut down for noncompliance and brand new dispensaries opening their doors at a rapid pace. The amount ranges from 5000+ in the US.
CLICK HERE FOR INVESTMENT DETAILS