Canadian Cannabis Opportunity and Regulation Presentation
Perth, Mar 13, 2018 AEST (ABN Newswire) - MMJ PhytoTech Ltd (
ASX:MMJ) provides the Company's latest presentation titled "Canadian Cannabis Opportunity and Regulation".
Canadian Cannabis Market Opportunity
An emerging multi-billion $ industry
- Supportive Regulatory Framework
o Legislation legalising recreational cannabis expected in mid/late 2018
o Canada will be the largest federal jurisdiction to legalise cannabis consumption
- Large Market Opportunity (see Note below)
o $4.9 to $8.7 billion base retail market value
o $12.7 to $22.6 billion with ancillary multiplier (e.g. growers, labs, security)
o >$22.6 billion total market potential (e.g. tourism, tax, license fees)
- MMJ currently has 3 investments in Canada that are well positioned to capture this market opportunity
Note: Source: Deloitte 2016 - Recreational Marijuana Insights and Opportunities
To view the full presentation, please visit:
http://abnnewswire.net/lnk/N5C215W9
About MMJ Group Holdings Ltd
MMJ Group Holdings Ltd (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: https://www.mmjphytotech.com.au/investors/
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