Companies like Chemesis Show Amazing Share Value Increases
This is not a bitcoin bubble. This is not a “dot-com” frenzy. This is a real, tangible, and growing industry.
Accepted by the public and approved by state and federal laws, cannabis use in North America may soon overtake alcohol consumption!
(The US alcoholic beverage industry was a $120 billion business in 2016. The cannabis business is expected to top $130 billion next year and could reach more than $250 billion worldwide!)
DECEMBER 2018 – GLOBAL LEGALIZATION UPDATE
- Michigan became the 10th state to legalize recreational marijuana
- Utah and Missouri voted in November to legalize medical marijuana
- Oklahoma voted to legalize medical marijuana
- Vermont became the first state to legalize marijuana through its legislature rather than a ballot initiative when the governor signed the bill into law
In October, America’s northern neighbor kicked the recreational pot use door wide open. Retail outlets opened across the country and users lined up for weed, vapes, and cannabis edibles.
Chemesis is currently reviewing possible joint ventures, agreements, and acquisitions for distribution, manufacturing, and product development.
It plans to use its assets, brands, and management expertise to quickly gain a market share in Canada.
According to Deloitte, the Canadian cannabis market will generate up to CAD $7.17 billion in 2019.
Chemesis CEO Edgar Montero says, “Chemesis is continuing its expansion into the Latin American market, a region the company believes is poised for international growth and expansion.”
Colombia is a lucrative space to enter because it is quickly adapting cannabis regulations. Chemesis believes it is also ideal for harvesting because of its 12-hour sun cycle that occurs all year.
Chemesis is looking at other potential market growth opportunities in South America.
In March 2017, Argentina laid claim to the title of “First Woke Country to Provide Medical Marijuana for Free.” And in Argentina, possession for recreational use has been the law there for nearly a decade.
In Ecuador, citizens may possess up to 10 grams of marijuana for personal use without legal issues.
Uruguay allows for people to register with the government to allow them to buy, sell, and grow pot. Today, you can buy cannabis in neighborhood pharmacies in Uruguay.
Belgium decriminalized marijuana provided the amount comes in at no more than 3 grams and prohibits smoking pot in public.
While weed has been legal to smoke in coffee shops in the Netherlands for decades, it’s been illegal to grow. But recently a bill to partially legalize marijuana cultivation shows that the country may head for full legalization.
Portugal decriminalized drugs back in 2001. All drugs. Every drug there is. Instead of prison time, you might get slapped with a fine or — wait for it — substance-abuse treatment. This works exceptionally as a method of tackling opioid addiction. Personal possession of up to 25 grams of pit is completely legal.
In 2017, Spain’s famous smoking clubs — of which there are hundreds — became fully legal in Catalonia, a northern region of the country. Even if people don’t smoke in a club, they are free to smoke on their own without fines or legal repercussions of any kind.
In Switzerland, possession of small amounts has been decriminalized, and there’s a push to get some cannabis clubs going.
Asia and Oceania.
In Cambodia, you can go out to a restaurant and see a dish or menu marked “Happy” and know that it’s likely been infused with cannabis. Weed is still illegal here, but it’s culturally accepted, ubiquitous, and cheap.
Australia is at the forefront of research into the uses of medical marijuana, and commercialization has been legal across the country for the last two years. While recreational marijuana is not, possession is decriminalized in most regions.
800% Share Value Increase in 1 Year
The growing global acceptance of cannabis products, both for medicinal and recreational use, created an investor frenzy for cannabis stocks.
In the last year on the OTC, Chemesis share value increased 800%!
With expanding markets, increasing consumer demand, and tactical measures geared to capture a share of both, Chemesis is the pot stock investors must add to their watch list.
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