This is an article I wrote for Cannabis Stock Trades. This Canadian Cannabis company just landed a cannabis sales permit – a big win that should help it cash in when Canada legalizes recreational cannabis later this summer.
Winning a license to sell cannabis in Canada is a lot like winning the lottery. It’s an immediate pathway into an untapped $5 billion market.
However, just like the lottery – it’s not easy to get one of these permits.
Four years after Canada updated its domestic cannabis laws – only 97 companies have been licensed. Around 30 of those companies are publicly traded and control around 45 permits.
Today – I am going to reveal the most recent winner of Canada’s cannabis permit lottery.
Hiku Brands Ltd. (CSE: HIKU, OTC: DJACF) is an up and coming Canadian cannabis company headquartered in British Columbia.
Shares are traded on the Canadian Stock Exchange under the ticker HIKU and in US OTC markets under the ticker DJACF.
Disclaimer: This report is for entertainment purposes only. Every investor should consult with an investment advisor before making investment decisions. The Vodicka Group, Inc. is not a broker/dealer. We do not receive compensation for mentioning stocks. At various times, the clients, publishers and employees of Vodicka Group, Inc., may buy or sell the securities discussed for purposes of investment or trading.