CANN - Advanced Cannabis Solutions 03/06/14
Before you go out to buy grow containers, equipment, nutrients and seeds for a ganja grow, You have to have a place to grow your crop. This is risky for an individual property owner. The federal government has continually acted to seize property from landlords who rent to cannabis growers in legal cannabis states, thus many land owners are unwilling to rent or lease their properties to cannabis businesses. This is especially true when it comes to cannabis cultivation.
Is this why we've seen a CANN jump over 1500% over the last three months?
Have we hit a tipping point in prohibition as property owners become more willing to rent to cannabis businesses? Or is the fact that a good paying tenant (willing to pay a premium for a good location) is worth the risk?
Disclosure: I own shares of FSPM
FusionPharm is a cannabis stock that I really like. In the last three months its up over 2639%. I have seen unrealized gains of over 700% in my own portfolio.
**Note, if you look at the graphic below, you will see that the gains are 2288%. In a single day the same three month view can drop 350%! Article was eited 03/04/14***
News of doubling their manufacturing facility, completion of $1 Million in financing to outfit recently expanded facilities, first sales and financing in Massachusetts, and an expanded relationship with GrowLife are just some of the good tidbits that have been hitting the streets recently.
It's not just for security and discretion that grow rooms or grow containers are a necessity when growing medical grade cannabis. The fact is that in order to produce the highest quality medical grade marijuana, the plants are usually grown indoors. Indoor growing allows all the variables to be controlled. Concealed growing also ensures that the prized sinsemilla (female cannabis flowers, cannabis is predominately a dioecious plant) are not fertilized by a nearby unwanted male plant.
What is the demand for high quality marijuana going to be like as the economy opens to legal marijuana sales?