Monday, 18th June 2018 Friday, 22nd June 2018
FinCanna Capital is a royalty company focused on the licensed U.S. medical cannabis industry, with a focus in California. The company combines its extensive investment expertise, and industry experience to benefit its investors and portfolio companies.
The company’s vision is to be the capital partner of choice for high growth, best-in-class businesses focused on the licensed U.S. medical cannabis industry.
California, where FinCanna is focused, continues to lead the cannabis market. The state not only has the largest state economy in the U.S., but also fifth largest economy in the world, making FinCanna confident that its investors and portfolio companies will benefit from this focus.
The worldwide spending on legal cannabis, according to Arcview Market Research and partner BDS Analytics, is expected to hit $57 billion by 2027. North America will continue to be the leader in legal cannabis buyers, as the $9.2 billion spent in 2017 is expected to grow to $47.3 billion by 2027.
The goal of this pool is to educate investors on the role of medical cannabis, and how continued research initiatives on medicinal benefits are impacting the expanding market . As such we will be focusing on the royalty model companies, extraction companies, medicinal companies, and cultivation companies.
Some quick facts:
The medical market is projected to grow at 11.8% CAGR through 2025, growing from $5.1 billion in 2017 to an estimated $12.5 billion in 2025.
In California, legal cannabis sales totaling approximately $2.5 billion in 2017. Thus, California is recognized as a global leader of the marijuana market.
By 2021, sales are expected to reach $21 billion, with California being the sales leader both by volume and revenue.
Share price reflects price as of Market close on June 11th, 2018
FinCanna Capital Corp. is the Stockpools default pick
Pick 2 companies with the Share Price $0.50 and under
Pick 2 companies from the Share Price between $0.51 and $1.00
Pick 2 companies from the Share Price over $1.00
The pool will run for 6 weeks with $200 awarded to the winner of each week
This pool has ended.View the final standings