Cannabis markets are on the rise in the U.S. and abroad.
After a long debate, the U.S. is beginning the legalization of marijuana for recreational and further medicinal use in select states. Colorado is leading the way in legalizing marijuana as a recreational substance in the U.S., and it is likely that other states will soon follow suit.
With more widespread marijuana use, the share prices of companies that are associated with the recreational and medicinal marijuana sectors are experiencing great hype. Companies such as GrowLife (PHOT), Cannabis Science (CBIS), Tranzbyte Corp. (ERBB), Medical Marijuana, Inc. (MJNA), Hemp, Inc. (HEMP), and Alternative Fuels America (AFAI) are blazing the path on the OTC markets as the marijuana sector all-stars. These companies are currently experiencing their largest historical rallies, as marijuana sales in Colorado have sky-rocketed.
With the incredible success that these American companies are having, many European companies are now rushing to join the U.S. markets in this budding newly legal industry.
Inexpensive "shell companies" are quickly being sought out by these European companies in order to quickly and affordably start offering their securities on U.S. public securities markets. There are many of these so-called "shell companies" available for sale, but there are few available with attractive valuations and capital structures. Sipp Industries (SIPC) is one company with an attractive capital structure and valuation that is currently available for a sale and reverse-merger for only $55,000 USD. (Source: http://www.mergernetwork.com/for-sale/...-dtcc-eligible-k/343630.htm)
In Europe many Dutch "coffee shops" and plantation operators feel that cannabis will be leading the markets in growth in the near future. Many experts are predicting that Europe will soon begin widely adopting recreational marijuana legalization laws as well.
Several titans in the European cannabis industry plan to expand to the U.S. pending further legalization and open some of the first "coffee shops" on U.S. soil. Shell companies, such as Sipp Industries (SIPC), currently offer one of the best opportunities for rapid expansion to the U.S., via the simple listing procedures of the OTC markets. |
