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Exclusive CFN Media Interview: Cannabis Wheaton Made Great Strides in 2017

Ryan Allway

January 23rd, 2018

Exclusive, News, Top News

The global cannabis industry continues to experience strong growth. According to Deloitte, the Canadian cannabis industry is projected to reach C$22.6 billion in size over the coming years, driven by the legalization of adult-use cannabis this year. Investors have many different options when it comes to gaining exposure to the space, but the best opportunities provide high profit margins and diversification against various risk factors.

Cannabis Wheaton Income Corp. (TSX-V: CBW) is the world’s first cannabis streaming company that provides investors with exposure to a diversified portfolio of licensed producers that are supported by its experienced management team. Over the past year, the company entered into several agreements across Canada with federally licensed producers of cannabis (and some late-stage licensed producer applicants) to fund facility construction, expansion, and innovations in exchange for minor equity interests and portions of each producer’s cultivation production.

CFN Media recently spoke with Cannabis Wheaton’s Executive VP of Strategy, Mike Lickver, about the company’s past year and where it’s headed in 2018.

 

Growing Network of LPs

Cannabis Wheaton has amassed a network of 15 streaming partners across six provinces, including seven partners that are existing cultivation and sales license holders. By 2019, the company hopes to have at least 1.4 million effective square feet of cultivation coming online.

In addition to these partnerships, the company launched its Wheaton Licensing Program to help aspiring licensed producers go to market. Management aims to cultivate a collective of passionate entrepreneurs and provide them with the financial support and experience necessary to execute on their vision. The acquisition of The KoLab Project (formerly Rock Garden Medicinals) late last year helps further these goals by accelerating the pathway to licensing under the ACMPR.

There are many benefits to this approach to creating shareholder value. In addition to providing diversified equity exposure to licensed producers, the company’s share of production could make it one of the largest distributors in its own right. The large scale could enable the company to access and/or develop premiere cannabis brands around the world that are looking to enter into Canada’s burgeoning fully-legalized market.

Pharmacy Distribution Network

Cannabis Wheaton has also been expanding the distribution network for its partners. In September, the company entered into an exclusive distribution alliance with the corporate owner of a national chain of independent pharmacies to develop and implement medical cannabis distribution and retail sale opportunities at approximately 40 locations nationwide. The 10-year agreement creates a unique opportunity and barrier to entry moving forward.

“We are always monitoring g how the distribution of cannabis is going to  play out across the Provinces of Canada and how provincial distribution systems may impact our streaming partners. ,” said Cannabis Wheaton Executive Vice President Michael Lickver. “Pharmacies exist in virtually every community in Canada, are experienced in handling narcotics and, importantly, bring front-line health professionals [to the] point of sale.”

Cannabis Wheaton is uniquely positioned to help these pharmacies expand into the medical cannabis business. With 15 streaming partners across six provinces, the company provides a turnkey solution that ensures patients have reasonable access to medical cannabis. Management plans to pursue similar arrangements with other independent pharmacy chains across the country over the coming months and years.

Looking Ahead

Cannabis Wheaton Income Corp.(TSX-V: CBW) represents one of the most compelling opportunities in Canada’s cannabis industry. With 1.4 million sq. ft. of production expected next year, the company is well positioned to become one of the largest players in the cultivation space. This scale could enable it to move into several other areas of the cannabis industry and ultimately generate significant long-term shareholder value.

For more information, visit the company’s website or download their investor presentation.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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