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Investing in Edmonton-Based Marijuana Stocks

April 10, 2018

 

Edmonton, the second largest city in Alberta, is home to nearly one million people, as well as some of the leading companies in the cannabis space like Radient Technologies (TSXV:RTI) (OTC:RDDTF) and more. 

 

For those looking to get in on the Edmonton action, there's a few different marijuana stocks worth a further look. In addition to the cannabis-related companies that are headquartered and based in Edmonton, there's also a handful of major marijuana-related companies with substantial operations or investments in Canada's Festival City

 

Here's 2 Marijuana Stocks Based in Edmonton:

 

  • Hempco Food and Fiber Inc. (TSXV:HEMP) (OTC:HMPPF): For more than 12 years Hempco has been a trusted and respected pioneer, innovator and provider of premier hemp based foods. Hempco is committed to developing hemp foods, hemp fiber and hemp nutraceuticals. Hempco is expanding its processing ability to meet global demands in a 56,000 sq. ft. facility located at Nisku, Alberta.

  • Radient Technologies Inc. (TSXV:RTI) (OTC:RDDTF): Radient extracts natural compounds from a range of biological materials using microwave assisted processing, a.k.a. "MAP™", a patented technology platform which provides superior customer outcomes in terms of ingredient purity, yield, and cost. From its 20,000 square foot manufacturing plant in Edmonton, Alberta, Radient serves market leaders in industries that include cannabis, pharmaceutical, food, beverage, natural health, personal care and biofuel markets.

 

Here's 2 Marijuana Stocks Operating in / Invested in Edmonton:

 

  • Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF): Aurora's wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations. Aurora is currently constructing an 800,000 square foot production facility, known as "Aurora Sky", at the Edmonton International Airport. In addition the the Aurora Sky facility, Aurora has invested heavily in Edmonton through its investments in Hempco and Radient listed above. 

  • Aleafia Health Inc. (TSXV:ALEF), formerly Canabo Medical Inc. (TSXV:CMM) (OTC:CAMDF): Aleafia Health Inc. operates the Aleafia Medical Cannabis Care Network in Vaughan, Ontario. Aleafia Health also now wholly owns and operates Canabo Medical Clinics, or CMClinics, Canada’s largest physician led referral-only clinics for medical cannabis. Established in 2014, Aleafia Health now has 23 clinics across Canada, including Edmonton, with additional locations planned to open in 2018. Aleafia Inc. also owns 100% of Aleafia Farms Inc., a licensed producer under the Health Canada Access to Cannabis for Medical Purposes Regulations.

 

Conclusion

 

These are just 4 of the over 200 marijuana stocks that are out there. Before making a decision, investors should seek professional financial advice regarding the appropriateness of investing in any of the companies mentioned.

 

To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!

 

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.