Canadian CANNAINVESTOR Magazine June / July 2018 | Page 68

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Weedman character was created and is the sole property of and owned by Chloë Kyron. All rights reserved. The image including any likeness cannot be used in any manner without the expressed written consent by Chloë Kyron.

Any company referenced is purely for discussion purposes and not intended as a recommendation.

Louis Kyron, CPA, CGA

plants (in grams per sq. Ft and in desired THC/CBD), and using a reliable process that is both efficient and effective. A purpose-built expansion with future needs incorporated (such as the ability to draw increased energy as needed) is exactly what this indoor grow specialist needed to ensure its strains are not only the products of choice but also to ensure it has enough supply for existing and future patients and customers.

It is difficult to walk you, our readers, through the tour but fortunately James West and The Midas Letter was with us and their video tour of one of the three-tier grow rooms can be found here.

From my first article has been the recommendation that as part of one’s due diligence one must make direct contact with the company. There are many ways to achieve this - email, phone call, visiting them at an expo/conference, investors’ conferences, their AGM, or on a site tour. Face to face is always the best. From William’s case study, you know that OGI has scheduled three distinct product lines:

There has been of course other exiting news recently and some of these will be picked up in our Q&A. We should do our quick check to short list key criteria that may warrant further due diligence for investment decisions:

1) There is ample cash on hand – >$53.7M

(+$124m in short term investments) as at Feb 28th;