Nuuvera-Aphria’s New Profile In Europe and Beyond
Marguerite Arnold
February 5th, 2018
News
In January 2018, a firm most people outside of corporate headquarters and certainly beyond the pot industry have probably never heard of, made news in several countries.
Nuuvera, a relatively new kid on the Canadian LP block, announced cannabis news in three European countries plus Latin America with a final flourish back home in Canada by the end of the month. And while this may not seem significant at home, globally, it is just another sign that 2018 is likely to be at least as exciting as last year, with long term impact on industry development for at least the next decade to come.
First, there was the news that the company was now a finalist in the much awaited German cultivation bid. Then there was the announcement that, along with Aurora, the company had made a stealthy entry into the Italian market, which has been, so far at least, a medical country where the Italian military was the only cultivator allowed so far. By late January, the company had announced its intent to purchase a fully GMP-licensed operating lab in Alicante, Spain plus a local CBD cultivation company – CAFINA – and inked a deal with Tersum S.A., a Uruguayan licensed producer. By the end of the month, the company had announced an $826 million merger with Aphria and is currently in the middle of a CA$51 million private offering that is not being advertised in the United States.
So who is this new hybrid cannabis company and why are their Euro moves, in particular, so incredibly noteworthy?
Who Is Aphria-Nuuvera?
Both companies have been moving in leaps and bounds over the last 18 months to distinguish themselves in an increasingly crowded and well-funded not to mention competitive field. In the case of Nuuvera, the start up moved quickly since its founding (with an impressive team on board) to establish presence in Germany, Spain, the UK, Uruguay and Israel. Aphria, in turn, has established joint venture agreements in Australia while establishing itself in the Canadian market at the same time as a low-cost producer with an entrepreneurial bent.
The merger, in other words, now establishes a Canadian company on the cutting edge of all that is going on in the world of cannabis, and in one of the most international and dynamic centers of business development in the world right now.
Europe.
The continent is rapidly developing into a patchwork of deals and companies, hopscotching import and cultivation opportunities as they begin to pop up, and integrating this now with a global network of experts, venture capital and of course, distribution.
And all of this with firms with corporate headquarters outside the United States, as much as all of them are eyeing the still tenuous market.
What This Portends For The Year Ahead
The increasingly intriguing interconnected sovereign country licensing and distribution plus cultivation expansion plans globally mean a couple of things for the year 2018. This includes:
The globalization of the cannabis industry: It is here. No doubt. And what is going on outside the U.S. and even Canada at this point, is going to now set the tone of legalization for the next four to five years.
The globalization of specialized products over strains: If what is going on in Europe is any portent for the future, look for specialized medical products over raw cannabis to make inroads into the mainstreaming markets. That said it is inevitable that strain culture will not make it to the continent but look for it to be stronger in certain jurisdictions than others.
A concerted global focus on medical: No matter how exciting recreational bud cannabis distribution is in Canada and even California, the rest of the world is looking at this through the lens of medical at this point, and that will drive market development even in Canada.
Impact within the United States: There will be an additional wave of progress, even if stymied for now. With medical knowledge now being mandated by national reform in other places than Israel, look for a wealth of canna-knowledge to flood the conversation. With the rest of the world now moving towards this discussion with a fairly steady drumbeat, rescheduling or descheduling in the United States is clearly going to move forward this year, even if it does not cross the final threshold in Congress yet.
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 Marguerite Arnold
Marguerite Arnold is a veteran investigative and markets journalist, American expat and author. She has covered the cannabis industry from Germany for the last six years. Her book, Green: The First Year of Modern American Cannabis Reform about the American market in 2014 has just been republished as she is writing the sequel about Europe and the global revolution this year. Green II: Spreading Like Kudzu will be published in 2020. She is also a noted technologist and entrepreneur. Her blockchain-based digital prescription platform MedPayRx was just shortlisted by the German Ministry of Health as one of the "Top 20" use cases for blockchain in healthcare.
Search CannabisFN
Press Coverage
Psychedelics Index
Top Videos
Matt Hawkins is the founder and managing principal of Cresco Capital Partners, LLC (“Cresco”), a private equity firm focused specifically on investing in the legalized cannabis industry. Since its inception in the summer of 2015, Cresco has made 14 investments out of its first fund and is currently raising this fund, Fund II. Prior to the […]
The producers of O’ Cannabiz have decades of experience producing national-profile events and creating global connections between business communities in the arts, broadcasting, media and technology. They have organized trade summit initiatives with governments around the world. And they have worked closely with sponsors in all levels of Canadian government.
The Yield Growth Corp. is a diverse team of business executives dedicated to rapid, sustainable financial growth for businesses with viable models for success.
IONIC BRANDS is a national cannabis holdings company based in Washington, led by a team of successful entrepreneurs.
Network Partners
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.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.
Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer
