Cannabis Wheaton Income Corp (CBW) (CBWTF) – Marijuana Stocks – RICH TV LIVE – March 5, 2018
Cbw up nine point seven percent eight point nine percent in america the h mmj etf up 5.2% one of my alerts from last night call me richard august up five point three percent how about this one i called this one two last week hip up 6.6% called it on friday and it’s up to date imagine that and i can i also called it this weekend and it’s up five point three percent
Now what is driving cannabis wheaton up 19.7% what is causing this rise is it just that it’s hit the bottom now if you take a look at the chart you can see it’s been a lot higher and actually went as high as two ninety seven and it came all the way down where it hit a floor of one thirty nine and it’s starting to bounce back up and you can see that it is strictly
A week by right now but the momentum is turning i want to show you how much cannabis wheaton is up this year i don’t think you guys understand in the last month it is up 25% in the last three months it is up 96% and in the last year since march 22nd of 2017 it is up three thousand two hundred and eighty percent but why you ask what is the catalyst that is driving
Cannabis wheaton cannabis wheaton income corp is an investment company that seeks to provide investor returns through streams and capital appreciation in the canadian cannabis industry now let’s take a look at the news that just came out because what we do here is we break the news from vancouver british columbia march 5th 2018 that’s today cannabis wheaton income
Corp is pleased to announce that further to its previously announced letter of intent it has entered into a binding definitive agreement the agreement otherwise known as the agreement with its streaming partner f v pharma inc f v pharma or f v to develop all aspects of f v’s cannabis cultivation facility in mutually agreed stages stage phases the facility development
With the potential to build out the largest indoor cannabis cultivation facility in the world wow this is breaking news this is huge you’re hearing it first here live on rich tv and that’s what we do here we break the news first and this oh this is a big winner now i own shares in cannabis wheaton so remember rich tv live is strictly for education and entertainment
Purposes we are not licensed advisors always do your own due diligence and investing companies because you love them now i love cannabis wheat but i’m biased because i own it but let me tell you why love it’s the envy pharma state-of-the-art facility otherwise known as the facility hosts in existing six hundred and twenty thousand square feet of building space and
Is famously known as the former craft food manufacturing facility the facility is ideally situated only one hour east of toronto in coburg ontario off of the 401 highway and has accessed by car or rail to ottawa and montreal to ship out all of that medical marijuana oh my goodness i can’t even believe this is happening pursuant to the agreement the company will
Receive a forty nine point nine percent stream of all cannabis or cannabis derived products including any immature cannabis plants and any cannabis trim produced at the facility under partnership with cannabis wheaton in perpetuity the cannabis weed allocation the kind of check this so this isn’t a huge part that is blowing my mind the company estimates that the
Cannabis wheaton allocation will result in approximately are you ready for this i don’t know if you guys are ready for this this is a huge number like are you guys ready for this big number cuz i don’t know if you’re ready because this is a big number this is a huge number and you might not even believe it but it’s real are you ready for this number the company
Estimates that the cannabis weed allocation will result in approximately to 200,000 sorry 200 million that’s right 200 million grams of cannabis for the company’s benefits per annum upon completion of all phases of the facility development let’s just understand this so if they’re selling each gram at an average of 10 dollars a gram which is the street average that
Is 2 billion dollars in annual revenue that cannabis wheaton will be able to generate based on what they have already forget what they will be able to accumulate this is enormous this company is huge there’s a reason why it’s up 10% today on this news every pharma is another huge company every farm are they here i have to give you guys those symbol another day but
Every pharma is another huge company that they’re partnering with and there’s a reason why i love cannabis wheaton they have tons of news they continue to invest and they continue to position themselves in great companies and they have the ability to grow and participate and benefit from 200 million grams a year in exchange for the cannabis wheat allocation using
Unique expertise and experience the company’s management team will assist fv pharma with all aspects of the design development financing build-out and operations of the facility as well as the marketing branding and distribution of all cannabis and cannabis derived products generated by the facility in addition the company will also participate in the governance
Of f v pharma by having one company nominee appointed to the board of directors of f v pharma i will do another video on fv pharma on another day fv pharma is at a higher price i really like cannabis wheaton because of the price point and other people are starting to realize this now at only a dollar seventy okay and in america at a dollar thirty just imagine the
Possibilities with cannabis we look at all the news i’m not going to go through all the news today but this is a company that is on the rise in exchange for the cannabis wheat and allocation using its unique expertise and experience the company’s management team will assist fv pharma with all aspects of the design development financing build-out and operations of
The facility as well as the marketing branding and distribution of all cannabis and cannabis derived products generated by the facility in addition the company will also participate in the government governance of fe pharma by having one company nominee appointed to the board of directors of sv pharma this news is huge it is enormous these two companies working
Together guys is like a dream come true for these investors okay this is just good news on top of good use okay chuck rafiki chairman and chief executive officer of cannabis wheaton commented as a cornerstone asset in the cannabis wheaton portfolio we are excited to start this journey with the fv pharma team to build out a truly world-class facility as i previously
Mentioned this project is special to us as it will only create additional and much-needed supply for the medical and recreational canadian cannabis markets but also has the potential to create hundreds of jobs for the city of coburg ontario this is enormous medical marijuana is creating jobs it is creating wealth it is creating opportunities for you the people to
Invest in a growing industry that is in the infancy stages there’s a reason why cbw cannabis wheaton is up 3,000 percent that’s right it’s up 3,000 percent in the last year alone look at this since march 22nd 2017 cannabis weed is up three thousand two hundred and eighty percent it has been up as high as six thousand six hundred and sixty percent there’s a reason
For this people and it’s because it’s a great company it has a great plan and it has licenses to grow they have a green light from health canada to grow so i want you to really understand how great of an opportunity this is this could be a ten bagger or even more long term and you heard it here first by your boy rich live on rich tv live now chuck rafiki who is the
Chairman and chief executive officer of cannabis wheaton commented and let’s go through all of it as a cornerstone asset in the cannabis wheaton portfolio we are to start this journey with envy pharma team to build a truly world-class facility as i previously mentioned this project is special to us and it will not only create additional and much-needed supply for
The medical and recreational canadian cannabis markets but also has the potential to create hundreds of jobs for the city of cobert when he say that he means it and it’s probably gonna mean more like thousands of jobs for canadians all over canada when chuck is creating a facility that’s going to be able to do 200 million grams a year now let’s talk about thomas
Fearful the president and ceo of f v pharma who responded and stated we couldn’t have asked for a better joint venture partner through the development of our world-class facility and the execution of our business plan that we expect will create hundreds see this not just a hundred but hundreds of quality skilled jobs for the city of coburg we are excited at the
Opportunity to build and operate something special with cannabis wheaton and to set the gold standard for cannabis cultivation and for cannabis derived consumer products this is huge people this is enormous this is groundbreaking this is revolutionary and you heard it here first right here on rich tv live at v pharma working with cannabis wheaton my goodness this
Is huge news i love it and as a shareholder i could not be more excited about the future possibilities of you heard it you heard it here first cannabis wheaton cbw in canada cb wtf in america only at a dollar thirty but up nine percent today on this huge news up nine point seven percent in canada what do you guys think do you guys like it it is a winner in my eyes
Is it a winner in your eyes now it’s up a lot so it could go back down anything is possible but i think long-term it has huge potential what do you guys think do you think it’s a winner do you think it has potential to get you where you want to go i’ve really i previously predicted i can hip which is now up nine point nine percent by the way and has just broken a
Dollar a jku which i just broke last night and i broke the 8 m and j etf first last year when it was that only $11 it’s now at $19 and 44 cents and now i’m breaking cbw cannabis weed oh yeah and i broke in last year at a much lower price but i’m gonna bring it to you again alright this is big news thanks for watching please make sure you smash that like button if
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Transcribed from video
Cannabis Wheaton Income Corp (CBW) (CBWTF) – Marijuana Stocks – RICH TV LIVE By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2018-03-05T174242+0000endTimestamp2018-03-05T180029+0000}
