BUY, BUY, BUY.
That’s what’s happening in the fastest-growing sector of the North American economy.
Alcohol companies are investing in cannabis stocks.
Pharmaceutical companies are forming joint venture partnerships. And the bigger cannabis stocks are buying up the smaller players.
Every day, there’s news of another acquisition. Go here to get details on my top buyout targets.
The latest major deal was from Canopy Growth (NYSE: CGC).
The world’s most valuable cannabis company inked a deal to buy out Hiku Brands (OTC: DJACF) for C$1.91 per share.
That price was a 33% premium to the Hiku share price . . .
That values the company at $250 million!
For Canopy Growth – valued at $5.5 billion – Hiku was a small deal.
It represented less than 4% of Canopy’s total market value.
How to Find the Next Buyout Target
Hiku shareholders have now been rewarded.
And this shows how profitable it is to own stocks before they get acquired.
In Canada, there are 114 licensed cannabis producers. Getting a license isn’t easy. But lots of companies have successfully navigated the regulatory framework.
Having a license isn’t enough to become a buyout target.
But you’ve got to remember that the big players already have licenses. And they know how to obtain new licenses for expansion.
Canada’s big players – like Canopy – are looking for companies with something special.
In the case of Hiku, the company is focused on the consumer market.
Hiku had previously acquired a company called Tokyo Smoke, and was building out cannabis stores. Plus, the company was creating a chain of stores that would be similar to coffee shops.
Canopy saw value in Hiku because of the company’s ability to connect with consumers.
The fact is that dried cannabis will become a commodity product.
The companies that win – in Canada and the U.S. – will be those that can develop a loyal following . . . and those that can create “valued added” products such as beverages, edibles and topical creams.
Today, I’m releasing a brand-new special report for my new Million Dollar 420 Club.
Inside, you’ll discover my top 10 stocks to “BUY NOW.”
It includes details on my top three buyout targets for 2018 (just click here).
In fact, next week I’m planning to personally invest $100,000 of my savings into cannabis stocks. My goal is to make a 10X return on my investments – turning $100k into $1 million within three years.
Now, you don’t need $100,000 . . . or $50,000 . . . or even $10,000 to get started. Frankly, you can get started with any amount of money.
This research is going online right now – just click here for details.