It has been a struggle to find gold in the world of marijuana and my inbox is filled everyday with a new tip on someone entering the field or at least talking about looking at it. The high demand has never been so clearly demonstrated when you look at the profits reaped by American companies who dared to dream in Colorado to provide that rocky mountain high. Now local, state and even federal authorities have to concede there is a great deal of benefits that seem to out weigh the negative effects brought on by legal marijuana. Canada has never been a maverick for change in my opinion. As Canadians, we don't want to offend or disrupt order or stand out in the global community for fear we made a big mistake. So with our southern cousin now increasingly softening its stance on marijuana use and possession we can slowly make our move and embrace change.
I am someone that supports commercial growth for a variety of reasons but some of these reasons have not really played out in the media. Think about the cost of court time, police, emergency services, and task forces that are directly organized to target marijuana. Its almost comical and I think in 20 years this might be looked on as spending billions trying to investigate who's smoking cigarettes. As well we have a criminal element that rely on marijuana sales to support their infrastructure. These power struggles in the criminal underworld often spill out into society and turn into home invasions as the wrong location gets hit when someone is rumored to have a grow-op. Imagine a 70 year old cancer victim having to go through the emotional trauma of a home invasion to save $100 on medical marijuana.
In the end you have to ask yourself what makes sense logically, morally and economically. A commercially grown marijuana crop through a properly controlled federal program with local dispensaries is probably the wave of the future. Monitor commercial growers, control transportation and storage and authorize legal sale much like we do now with liquor. This can probably put a dent in the federal deficit if handled properly.
I have recently invested in US & Canadian marijuana stocks at different levels of maturity and at this point one company keeps coming back into focus based on the recent developments in the news. Although I am diversified in my marijuana investments, this company appears to be building a team with a united goal for commercial production. Recent additions to the team attest to its determination to stand above the crowd, not to mention the fact that the company didn't do a quick 5 cent money grab as the share price started to climb. The company is Affinor Resources (AFI On The CNSX) and the recent headlines have certainly grabbed my attention. AFI Market Quote
- 2014-03-24 - AFFINOR APPOINTS MOMENTUM FOR INVESTOR RELATIONS
- 2014-03-25 - AFFINOR ANNOUNCES PLANS TO DIVERSIFY INTO MEDICAL MARIJUANA AND INDUSTRIAL HEMP INDUSTRIES
- 2014-03-31 08:18 ET - NICK BRUSATORE AND HIS COMPANY VERTICAL DESIGNS LTD ACQUIRES CONTROLLING INTEREST IN AFFINOR
- 2014-04-01 14:39 ET -DRUG DEVELOPMENT EXPERT FROM NATIONAL RESEARCH COUNCIL CANADA, SAZZAD HOSSAIN, PHD JOINS THE AFFINOR RESOURCES ADVISORY BOARD
What would happen to the share price for AFI if it suddenly became a Licensed Producer under the Medical Purposes Regulations (MMPR)?
Now, what would happen if they implemented a vertical design plan that used up half the space but grew 4 times the marijuana plants? Wouldn't a highly efficient grow system bring in a much higher yield with a lot lower cost base?
In my opinion AFI quietly starting planning; they didn't mass dilute the shares. The float is low and it seems that a savvy few have gathered up a very strong positions to possibly steer the company going forward. But lets not start the party yet. First and foremost I would want the US market engaged. Americans are eating up marijuana stocks right now and before AFI starts coming out with headlines I would like to see a US listing.
Adding to the recent excitement it was mentioned in the news that a local company headed up by Nick Brusatore has taken a sizable position in the company adding to the mystique of what will happen next to this company. In late day trading Friday I noticed very few shares available on the ask, while increasing pressure was building on the bid side. The following weeks could prove to be game changing for investors in the whole marijuana sector but in particular will AFI break away and lead the pack by delivering on its business plan and solidifying its investor base as the company continues to add value in this volatile market?
2014-03-31 08:18 ET - News Release
Mr. Sebastien Plouffe reports
NICK BRUSATORE AND HIS COMPANY VERTICAL DESIGNS LTD ACQUIRES CONTROLLING INTEREST IN AFFINOR
The medical marijuana market is beginning to skyrocket and the world leader in vertical farming technology has taken a bold leap to get the party started. Nick Brusatore and his company Vertical Designs Ltd. have quietly purchased 10 per cent of Affinor Resources Inc. on the open market. Affinor is now focused on the medical marijuana industry within North America and is currently working toward becoming a premier Canadian medical marijuana and industrial hemp producer with plans to be trading on the OTC and the marijuana exchange very soon.
The cutting-edge design firm is focused on vertical farming technology to mass produce food, growing the highest quality of products, including mechanically pollinated strawberries in its proprietary technologies that control precise combinations of light, temperature, water and nutrients to create specific growing conditions that result in optimum crop production, product quality and shelf life. No current growing methods compare with the software-driven automation of the Vertical Designs technology.
President of Vertical Designs, Mr. Brusatore, recently a director of Abattis Biocueticals for one year, helped strategize and position the company with strategic people and players in the space. Mr. Brusatore was instrumental in assisting the company to implement the chief operating officer and chief executive officer to help lead the company into the next stage of becoming a viable enterprise.
The great marijuana gold rush of this generation is about to boom, and Vertical Designs is a definite contender and leader in growing plants on a mass scale at the lowest possible price. What Vertical Designs is about to do with Affinor Resources has got the industry watching with excitement and awe!
* Disclosure: I am invested in AFI and may add to or liquidate my position without further notice to the public.