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brand release is in keeping with their roots, Ankr Organics will offer consumers a line of organic products for that segment of the public that is buying organic produce as a healthy lifestyle choice. And finally, for the mass market, OGI’s relationship with Trailer Park Boys, they have created Trailer Park Budz, that will be a line of pre-rolls for the consumer that is looking for convenience.
Finally, with $170 million of cash on their balance sheet, we believe that OGI is well capitalized to take advantage of opportunities that arise, particularly if access to capital becomes more constrained to the sector going forward.
Louis: Thank you so much and we must do this again soon and in far greater detail. The UIT Alternative fund will appeal to an array of investors regardless of their risk profile. Before you go, how are units purchased and where can one find more information.
Charles: The Ninepoint-UIT Alternative Health Fund is Canada’s first actively managed mutual fund with a focus in the cannabis sector, launched in March of 2017. Our goal is to provide capital appreciation while also reducing the risk and volatility of an investment in the cannabis sector. We do that with our due diligence, having done over 26 facility visits, meetings with management teams and reviewing financials. At this early stage in the sector, we perform a lot of research as a way to back those companies that have a well laid out plan to address the many challenges that lie ahead.
For more information on the Ninepoint-UIT Alternative Health Fund, you can click here:
To purchase units of the fund, you can purchase them through most online/discount brokers or speak to your Advisor.
Fund Codes: