Chris Damas
ICC International Cannabis Corp.
ICC-X
PAST TOP PICK
Aug 31, 2017
(Top Pick July6/17, Down 16.96%) He sold on July 18th. He expected greater coverage by brokers and it never materialized. It is a 2018 story when their Hemp seed oil takes off.
They did an RTO in December. They are one of two in their South American country. They bought a large inventory in help seeds. It is used in pain and inflammation reduction. (Analysts’ target: $2.10).
One of the challenges for Canadian producers is that it is indoors and therefore high cost. It is subject to mould. This one is building a facility in Columbia and it will be lower cost to produce Marijuana. They will sell 10% to Canada.
This is a company based in Uruguay, which also has a legal standing. Aurora has recently made a friendly takeover bid that has been accepted by both boards. This allows access to global distribution for Aurora.
(Top Pick July6/17, Down 16.96%) He sold on July 18th. He expected greater coverage by brokers and it never materialized. It is a 2018 story when their Hemp seed oil takes off.