Don't underestimate the facts. The CBD industry is flourishing, and expectations are it will gain additional market penetrating momentum in the weeks, months, and years to come. In fact, already labeled as one of the fastest-growing industries worldwide, the market is not only thriving, it's providing substantial investment opportunities into companies exploiting the unique opportunities in the sector.
And within a market expected to reach
Here's why:
Compelling Value Proposition
Foremost, from a sum of its parts perspective, the value opportunity is compelling. And it comes as CBD is earning global acceptance related to the medical and therapeutic benefits of the product. For Icanic, that could translate to more significant market opportunities by leveraging its already impressive strength in the space. Better still, by targeting specific niches, the rewards can be exponential. And it's there that Icanic is expecting to shine.
Even better, as more states and countries legalize CBD use, expect Icanic's targeted market opportunities to get even more substantial. In fact, in
The better news...Icanic Brands isn't sitting idle. Instead, they are taking full advantage of the revenue-generating opportunities in these massive and diversified markets to create a company that can serve multiple market niches while not losing focus on the core CBD market. Revenues from both are expected to take Icanic from a roughly
And while that may appear presumptuous, there are reasons to be optimistic.
Why Icanic Brands Is Better
Foremost,
Keep in mind, too. Icanic is thriving in the
Its latest quarterly report proves that growth is accelerating. In its Q3 report, Icanic posted a gross profit of
And with its ability to create high-quality, award-winning products, it's no surprise that Icanic is doing well. Its Ganja Gold pre-rolls have the CBD industry buzzing due to their superior quality. And more than that, it's an efficient business vertical for the company by utilizing innovative state-of-the-art manufacturing technologies that help maintain increasing supply chain agreements with
Still, Icanic's strength does not only come from its outstanding products and industry-leading technologies alone. Its partnerships and acquisitions are creating significant value as well.
The Acquisition of
Recently,
The benefits of the deal are more than financially motivated. Icanic intends to help bring positive change to the sector and the communities they serve. Hence, unlike most publicly listed companies driven entirely by bottom-line results, Icanic expands its presence on multiple fronts. The results can be impactful.
In fact, Icanic has not been shy to note that by acquiring Substance, they plan to impact the competitive
Still, don't be misled. Shareholders can expect Icanic to leverage its assets to become a bigger, more diversified brand. Thus, by acquiring specific assets that target different needs, Icanic can grow stronger quicker.
Accretive Acquisitions Add Substantial Value
Notably, that's happening now. Remember, Substance is not the only strategic acquisition that Icanic has recently closed. The company also acquired De Krown, a
Keeping in mind that CBD comes in many shapes, forms, and sizes, the massive CBD edibles market is also in play after Icanic partnered with Heavenly Sweets to create what is expected to become a revenue-generating juggernaut. It's a win-win deal.
The partnership will accelerate Heavenly Sweets' growth in
The most excellent news is that all the deals create shareholder value for Icanic investors. That's the crucial part of each of Icanic's acquisitions and partnerships. They deliver near and long-term value capabilities. Further, its production capacity is surging as well.
Already, ICNAF is using the most innovative pre-roll manufacturing technologies, enabling them to consistently produce high-quality pre-rolls at high gross margins. This translated to quick success in what has become a notably competitive market. Further, its enhanced abilities benefit ICNAF from selling to two distinct needs while ultimately contributing to a common revenue stream. That's important as well.
Investors and consumers are paying attention, too, calling Icanic the
Taking Advantage Of A Booming Market
The best news is that Icanic doesn't intend to slow down. And to investors that embrace the Icanic value proposition, they will be hitched to a company taking advantage of multiple segments within a global industry growing at warp speed.
Indeed, the CBD sector can be volatile and competitive. But that's more reason to connect with fast-growing companies that have the foundation to grow efficiently.
Thus, capitalizing on the potential from lucrative markets may not be as difficult as it seems. Investing in the right players at the right time can and often does make a difference. And catching
Now, with its vast experience in the CBD industry, innovative technologies, award-winning products, well-calculated sales plan, and impressive partnerships and acquisitions, there is likely only one direction for the company to go, and that's up.
Thus, for investors who appreciate gains,
Disclaimers:
The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.
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