These 3 Cannabis Firms Are International Growth Stories

During the last two years, we have noticed a significant shift in the Canadian cannabis sector. The shift is related to the amount of cannabis that is being sold abroad, rather than domestically.

We are not surprised by the shift because Canada’s population is less than 40 million which makes the total addressable market (TAM) smaller than other emerging cannabis markets. As a result, Canadian Licensed Producers (LPs) are exporting cannabis to other markets and we expect this trend to become more significant in 2023 and beyond.

From Germany to Australia, we are seeing higher levels of cannabis exports from Canada and this is a trend that our readers should be aware of. Today, we have highlighted 3 North American cannabis companies that are capitalizing on international cannabis markets and want our readers to be aware of these firms.

1. Last week, Village Farms International, Inc. (Nasdaq: VFF) announced further progress on its international growth strategy and commenced shipping cannabis products to Israel. The shipment is related to an exclusive three-year supply agreement with Better Pharma and we will monitor how the company benefits from having leverage to Israel.
2. Last year, Flora Growth Corp (Nasdaq: FLGC) acquired a German cannabis company to enhance its international growth strategy. Prior to the transaction, the company was highly focused on the cannabis opportunity in Latin America. We are favorable on the transaction and expect the deal to prove to be accretive to Flora Growth Corp.
3. Last week, Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) completed its first production run and shipment of products to dispensaries in Missouri. The company is one of the few operators to be capitalizing on both Canada and the United States (US) and we are favorable on the growth potential that is associated with these markets. Last year, Missouri voted to legalize recreational cannabis and we are favorable on the potential for Heritage Cannabis to capture market share in the state. Going forward, we expect the business to enter additional markets in the US and this is a story to be aware of.

Over the next year, we expect to see increased activity in cannabis markets outside of Canada and want our readers to be aware of the trend. We believe the global cannabis market is in the early innings of a hyper-growth cycle and are bullish on how the industry has evolved.

If you are interested in learning more about cannabis companies that are capitalizing on the international cannabis market, please send an email to support@technical420.com with the subject “Cannabis Exporters” to be added to our distribution list.

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T420 is responsible for the T420 opinions provided in this disclosure except all sources or information provided by other parties were not verified or authenticated and T420 does not undertake to confirm or substantiate or be responsible for such information provided by other parties.

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Pursuant to an agreement between Spotlight Media Corp and Heritage Cannabis (CANN) we have been hired for a period of 90 days beginning December 1, 2022 and ending March 1, 2023 to publicly disseminate information about CANN including on the Website and other media including Facebook and Twitter. We are being paid $3,000 per month by CANN and were paid “ZERO” shares of unrestricted or restricted common shares. We plan to sell the “ZERO” shares of CANN that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of CANN in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

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Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Technical420.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.

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