With General Cannabis Corp. (OTC: CANN), you are investing in the end of marijuana prohibition with a company that quite literally does it all.
This Denver-based firm is like a weed mutual fund.
It offers real estate and consulting services, dispensary security, and financing for cannabis companies. It also supports cannabis companies with brand development, product design services, and more.
General Cannabis also grows cannabis for its own sales and helps new producers get started in the business.
The company already has major clients in several states and is perfectly positioned to profit from the 15 states set to legalize marijuana this year.
Anybody looking to enter the cannabis business at any level may have little choice but to do business with the firm.
The security component of General Cannabis’ operations, Iron Protection Group (IPG), represents a compelling opportunity.
You see, as long as federal cannabis drug statutes remain inconsistent with state cannabis laws, most banks – especially federally insured ones – refuse to handle transactions from cannabis retailers and growers. Those cannabis operators have been forced to rely almost exclusively on cash to transact business.
And that’s left a tremendous need for security, which is where the IPG comes in.
While banks will likely eventually start accepting commercial deposits from weed companies, a growing number of cannabis-based enterprises will still need to secure their stores and move their cash. And agricultural security, especially for highly remunerative strains, will remain a challenge for growers and a serious long-term growth opportunity for IPG.
So right now, IPG’s business is tied to the planting and harvesting cycles of the crops.
That cyclicality affects earnings, which wax and wane with the seasons. But that’s why smart companies diversify. General Cannabis can offset declining earnings in one division via growth in another.
General Cannabis is essentially a “one-stop shop” for ambitious weed startups. One of its clients may begin working with Chiefton branding, then hire a Next Big Crop consultant, and then start working with IPG.
This Denver-based firm is like a weed mutual fund.
It offers real estate and consulting services, dispensary security, and financing for cannabis companies. It also supports cannabis companies with brand development, product design services, and more.
General Cannabis also grows cannabis for its own sales and helps new producers get started in the business.
The company already has major clients in several states and is perfectly positioned to profit from the 15 states set to legalize marijuana this year.
Anybody looking to enter the cannabis business at any level may have little choice but to do business with the firm.
The security component of General Cannabis’ operations, Iron Protection Group (IPG), represents a compelling opportunity.
You see, as long as federal cannabis drug statutes remain inconsistent with state cannabis laws, most banks – especially federally insured ones – refuse to handle transactions from cannabis retailers and growers. Those cannabis operators have been forced to rely almost exclusively on cash to transact business.
And that’s left a tremendous need for security, which is where the IPG comes in.
While banks will likely eventually start accepting commercial deposits from weed companies, a growing number of cannabis-based enterprises will still need to secure their stores and move their cash. And agricultural security, especially for highly remunerative strains, will remain a challenge for growers and a serious long-term growth opportunity for IPG.
So right now, IPG’s business is tied to the planting and harvesting cycles of the crops.
That cyclicality affects earnings, which wax and wane with the seasons. But that’s why smart companies diversify. General Cannabis can offset declining earnings in one division via growth in another.
General Cannabis is essentially a “one-stop shop” for ambitious weed startups. One of its clients may begin working with Chiefton branding, then hire a Next Big Crop consultant, and then start working with IPG.