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Welcome to this month’s case studies. All companies referenced throughout the magazine are not intended as investment advice but rather to bring an awareness of different companies that may be invested in. Any third party images fall within fair dealing under Canadian Copyright law.
Case Studies
Investing in American industries in this industry as you know is no easy task and is often a minefield of stress and risk. The legal status varies from state to state and it is illegal federally. It is little wonder that some paid promoters now focus on the Canadian industry all the while exposing conflicts of interest and highlighting charges laid against promoters back home in the US. Nothing like thinning the herd in preparation for the return home to continue their craft because the Canadian industry is maturing fast and at some point the paid promoters there will have gone the way of the dinosaur. But until that happens, they can practice and perfect their craft in another country. We have also mentioned how the USA for the first time (at least in my lifetime) is intentionally lagging the rest of the world in what will be a trillion dollar global industry (hemp and marijuana – together known as the cannabis industry) with Canada leading the way. This recent Bloomberg article validates this.
But what does that
have to do with AOI?
ALLIANCE ONE INTERNATIONAL
NYSE:AOI
As At March 12, 2017
Net Shares Outstanding: 9,008,725
(er SEC filing as at Jan 31, 2018)
Share Price: $25.65 Market Cap: $230.88 (mil)
COMPANY WEBSITE: http://www.aointl.com/