Mark this date down: October 17.
That’s the day Canada fully legalizes recreational cannabis. And that’s also the date that the best kept story in the cannabis sector could be revealed.
There’s a team that has already built two cannabis companies to a $340 million and $5 billion valuation. But now, they are involved with something that could become much bigger… Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF)
So, what’s going on?
First, Scythian has just closed an incredible $280 million deal with Aphria, the third-largest cannabis company in the world. Aphria saw the potential in Scythian’s “cannabis incubator” investment plans, and agreed to sell $193 million in stock to them, and today—as they close the deal—that same stock is worth nearly $300 million. That’s a $137 million windfall for Scythian—a 65 percent ROI. And that’s only one deal of many.
Scythian Biosciences’ (CSE:SCYB, OTCMKTS:SCCYF) story could blow the lid off the cannabis market. It’s already one of the biggest investment trends of 2018.Canada is instituting full legalization on October 17, and the Scythian story is unlikely to stay off the radar for long when that happens.
Here are five things you need to know about Scythian.
#1 The Crucial Time is Now Because Canada Legalizes Recreational Cannabis on October 17th
For decades, marijuana was off the grid: an estimated $53 billion American market for an illegal substance without any kind of legitimate investment footprint. Now, that’s changing. Canada is on the verge of instituting full recreational legalization. It’s all over the news, and it’s caused a huge spike in investor interest in the cannabis sector… and it will probably only get bigger in the run up to October 17th.
But what most people don’t know is that the marijuana sector isn’t getting its backing from Wall Street, which struggles to nail down the value of the legal cannabis market while illicit growers are still in the game. Instead, funding is coming from publicly traded companies acting as incubators for promising cannabis ventures worldwide. And Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) is the top incubator that anyone can invest in through their brokerage account.
Scythian stock gives investors access to a huge potential upside normally reserved for Venture Capital by offering the rare opportunity to buy into dozens of companies before they hit the big time. But mainstream investors haven’t caught on, probably because other cannabis companies have been competing so fiercely for the cannabis spotlight. And that’s opened up a big opportunity for investors to consider Scythian’s value in comparison to cannabis high flyers before October 17th.
In a short span of time, the tiny legal cannabis sector is likely to explode from near zero just a couple of years ago to $8.7 billion in sales by 2024. Worldwide, the cannabis market could reach $32 billion by 2022 and $57 billion by 2027. Access to just a tiny sliver of that market could give Scythian a huge upside.
#2 A $57 Billion Opportunity In Cannabis By 2027
Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) is unique in that it is an international incubator of cannabis assets. Most pot stocks, such as Aphria and Canopy Growth Inc., focus on cultivation, production and marketing in one country. Calculating an upside in those kinds of companies is relatively straightforward, and in the case of Canopy most of the growth has already been realized.
With an incubator, the upside could be enormous. One estimate has the global cannabis market reaching $65 billion by 2023. The most bullish estimate by British firm Bryan, Garnier & Co. has legal pot sales reaching $140 billion by 2027.
Any one of Scythian’s assets could explode on to the scene, especially at a time when cannabis laws are changing all over the world at rapid speeds. Scythian looks to invest in dozens of assets at an early stage, but it only needs one asset to make it big to realize upside from the expected $57 billion or bigger global cannabis market. Plus, it’s the first on the scene when it comes to pot incubation.
Wall Street is waiting for federal laws to loosen… so they are leery of pot stocks, and Silicon Valley venture capital hasn’t picked up on it yet. That leaves the field wide open for Scythian and other pot incubators to get access to the best deals first. More importantly, it has allowed early-in investors to get in on the high-upside “early” investments normally reserved for Wall Street and Silicon Valley.
#3 Incubating Dozens of Cannabis Companies of the Future
- Has an Incubator business model that has so far resulted in a high upside…
- Owns a highly diversified portfolio of cannabis assets, ranging from North and South American to Western Europe…
- Has an experienced management team with multiple global successes
- Has lower valuation than many cannabis companies…
- Is early-in to a brand new $8.7 billion market
Scythian’s “first mover” approach is to identify ideal assets in undeveloped markets and incubate them for maximum profitability. In Latin America, Scythian established relationships with “cultivation hubs”, in a market which has over 600 million people, all potential pot customers.
In North America, 90 percent of the pot market remains illegal… and yet the market still generates more than $9 billion a year according to ArcView Market Research. Legalization will let Scythian tap that market and get around behemoths like Canopy Growth Corp.
The global legal cannabis market could be worth $57 billion in just a few years, representing exponential growth. And if Scythian captures just a tiny fraction of that potential, its valuation should really please its shareholders.
#4 Management Team:
The executive team leading Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) has been at the forefront of the biggest success stories in cannabis. They were involved in Aphria, a cannabis giant that exploded into a $5 billion company. They are also some of the leading business figures in the European cannabis industry. But now they’re setting their sights on the high-upside incubator business.
Scythian’s world-class team is poised to take advantage of a colossal new opportunity—one that could be worth hundreds of millions of dollars.
#5 Deal Closed, October 17th Approaching Fast
This deal between Aphria and Scythian Biosciences just closed, so the market is still catching up to the news.
Here’s what happened: Aphria chose to buy into Scythian, pumping it full of fresh capital for its incubation projects. In July, Aphria announced plans to buy into Scythian, hoping to acquire a number of Scythian’s Latin America and Caribbean assets for $193 million payable mainly in Aphria stock. Now, that Aphria stock position is worth more: $280 million on last count, an increase of 79 percent.
Since announcing the news, Scythian’s stock has been climbing. But this isn’t the only deal Scythian’s working on. They have dozens of deals in the “incubator” pipeline… that Scythian plans to invest in, incubate and bring to maturity and better valuations. It’s taking on an interest in Florida-based medical cannabis firm 3 Boys Farms LLC, which will give it access to the Florida pot market when that state embraces legalization. The company has announced its new U.S. headquarters will be in Fort Lauderdale, Florida.
The acquisition is Scythian’s first big step into the North American market, part of its plan to shift its attention towards specific cannabis friendly zones in the United States. The Aphria deal may be just the beginning. Scythian has its sights set on U.S. expansion, branching out from its start in South America to embrace North America.
The news is out there. It’s only a matter of time before this little firm—with some of the team behind Red Bull—starts to attract even more attention. And, so far, the company has been hard at work executing their playbook.
Expect the market to start paying attention after recreational marijuana is sold legally in Canada on October 17th. When full legalization goes through, interest in cannabis stocks could soar. And Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) shareholders will get a piece of this growing cannabis market through an early mover that keeps stacking up success upon success.
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Notice for Forward-Looking Information
Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such forward-looking information includes that investor interest in the cannabis sector will continue to grow to October 17, 2018 and beyond; that cannabis use and sales will grow as currently predicted; Scythian Biosciences’ intended acquisition of various foreign companies and expansion into the US market; that the Aphria stock owned by Scythian Biosciences will retain its current value and that Scythian Biosciences can realize a profit on its sale; Scythian Biosciences’ plans to incubate projects in various locations throughout the world; that it could be granted licensable patents; that Scythian Biosciences will get an exclusive cannabis distribution license in Florida; and that it will be able to carry out its business plans.
Readers are cautioned to not place undue reliance on forward-looking information. Forward looking information is subject to a number of risks and uncertainties that may cause actual results or events to differ materially from those contemplated in the forward-looking information, and even if such actual results or events are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Scythian Biosciences. Such risks and uncertainties include, among other things: that a regulatory approval that may be required for the intended acquisitions and subsequent sales are not obtained or are obtained subject to conditions that are not anticipated; growing competition for intended acquisitions in the cannabis industry; potential future competition in the markets Scythian Biosciences operates for sales; competitors may quickly enter the industry; general economic conditions in the US, Canada and globally; the inability to secure financing necessary to carry out its business plans; competition for, among other things, capital and skilled personnel; the possibility that government policies or laws may not permit legal cannabis sales or growth or that favorable laws in place may change; Scythian Biosciences not adequately protecting its intellectual property; interruption or failure of information technology systems; the cannabis market may not grow as expected; Scythian Biosciences’ technology may not achieve the expected results and its accomplishments may be limited; Florida may not grant to Scythian Biosciences an exclusive cannabis medical license; even if it is granted the Florida license, Scythian Biosciences’ may not be able to profitably use it; Scythian Biosciences’ business plan also carries risk, including its ability to comply with all applicable governmental regulations in a highly regulated business; incubator risk investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under US federal laws; and regulatory risks relating to Scythian Biosciences’ business, financings and strategic acquisitions.
PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Safehaven.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by Scythian Biosciences seventy thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:
This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. We have been compensated by Scythian Biosciences to conduct investor awareness advertising and marketing for Scythian Biosciences’. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public and non-public sources but is not researched or verified in any way whatsoever to ensure the information is correct.
SHARE OWNERSHIP. The owner of Safehaven.com owns shares and/or stock options of this featured company and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Safehaven.com will not notify the market when it decides to buy or sell shares of this issuer in the market. The owner of Safehaven.com will be buying and selling shares of the featured company for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.
NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.
INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.
RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.
The Return Of The Super Sativa Seed Club
Getting Lost At The FounderMade Discovery Show West
Oklahoma Lawyer Pleads Guilty to Staging Threats From Irate Cannabis Proponents
Study Suggests Legal Cannabis Could Create Over 100,000 Jobs in Florida
Expert Lighting Advice For Taking Your Grow To The Next Level
The Rebirth Of Subcool: The Inside Story Of A Legendary Bud Breeder
The Best Hydroponic Methods For Growing Cannabis Yourself
Authorities Investigating “Dank” Cartridges As Possible Culprit In Vape-Related Illnesses
Grow6 days ago
Master Of Hash: Frenchy Cannoli’s Plan To Change The World Of Hashmaking
News6 days ago
Researchers Study How to Treat Cannabis Addiction With More Cannabis
News4 days ago
Canadian Cannabis Company Will Sell Marijuana For Less Than $5 Per Gram
Activism5 days ago
Compassion Lives on in California as Governor Signs The Dennis Peron and Brownie Mary Act
News6 days ago
Kushy Punch Under Scrutiny For Allegedly Making Illegal Vape Cartridges
News5 days ago
California Governor Signs Several Marijuana-Related Bills
News5 days ago
Comprehensive Marijuana Legalization Bill Introduced in Pennsylvania
News5 days ago
Florida Man Calls Police to Report His Roommate For Stealing His Weed