NEW YORK, NY / ACCESSWIRE / January 10, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on WEED, Inc. (OTC PINK: BUDZ), an early stage holding company, which focuses on the development and application of cannabis-derived compounds.
The company has been in the cannabis market since 2015 and continues to expand. Most recently, the company expanded its operations and market profile by entering into Australian market by setting up Weed Australia Ltd, a direct subsidiary that would help the company to grow in the Australian markets along with expansion into global market.
BUDZ's stock price has doubled this year and has jumped over 1000% in the past few months, largely attributed the current cannabis market growth. The company has a current market cap of over $1.2 billion.
Read about the BUDZ move into expanding it cannabis presence, and an analyst's target READ MORE
Copy and paste into your browser may be required to view the report - http://bit.ly/2CWnhOR-BUDZ
The company's day-to-day focus consists of the purchasing of commercial land to build commercial-grade ''cultivation centres'' that manage, consult, assist and lease to licensed dispensaries. This would work on a contract basis, focusing on the medical and legal marijuana sectors.
The legal cannabis industry has accelerated at a remarkable pace in the recent past. North American consumers spent $6.9 billion on legal cannabis products, up 34% from 2015 and by 2021, legal market sales are expected to surpass $21 billion.
Get a company outlook and review any challenges BUDZ may have ahead READ MORE
Copy and paste into your browser may be required to view the report - http://bit.ly/2CWnhOR-BUDZ
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