they are a laboratory that produces plant extracts - like those for MJ that are used in vaporizers and in edibles - extremely high growth potential. Expecially considering recent and soon to happen changes in Canadian and American laws.
Buy and hold for a decade and you will have millions of dollars. ignore the short term idiots
THEY GROW DIDDALY!!! HYPE and hair cut... We saw it and it will happen again... They have nothing to hang HAT on... NOTHING!!! FOoLS RUSH IN!! LOSE 60%... NEVER CHASE, PATIRENCE DICIPLINE, HOLD THE GREED, hmmm!
Past the link in yahoo search regarding your statement "I read about a contract with a Colorado grower" and post.thx
"Abattis currently has access to several licenses issued under the Marihuana Medical Access Regulations ("MMAR") that were going to expire April 1. These licenses can now be kept active and potentially transferred to Abattis facilities with pending MMPR license applications enabling the Company to grow and sell #$%$ sooner than first planned."
Canada’s banking and regulatory frameworks are also better equipped than the U.S. in many ways that could boost long-term profits in the space:
Completely Legal. Cannabis is legalized at the federal level in Canada in contrast to state-level in the U.S., meaning there’s no risk of seizure of forfeiture as in the U.S.
Access to Banking. The banking system permits all transactions to take place within the cannabis industry, removing a key hurdle that faces many U.S. companies.
Tax Credits Available. Scientific tax credits permit 42% of every dollar spent on research and development to be credited directly back to the company in the form of a check from the Canada Revenue Agency.
Import Abilities. Licensed producers can import marijuana from other legal jurisdictions throughout the world, which will help stabilize prices and supply/demand economics.
Pharmaceutical Opportunities. Health Canada has approved the use of cannabis medical declarations for a number of medical conditions, ranging from anxiety and depression to osteoarthritis to chronic pain management for cancer patie