Jul 26, 2018
The first wave of Cannabis companies has come and gone. Some are doing okay, others not. Our new sponsor Leviathan Cannabis's CEO Martin Doane believes that he's learned the lessons of that round and is on to the next. Leviathan recently acquired Ontario Pharmacy Pulse RX, which will become the backbone of its medical cannabis distribution network. In addition, they've got a branding division that will help Leviathan and others create lasting major brands in the space. Finally, they're very focused on creating highly automated growing facilities that will continually produce product and achieve the highest productivity rates possible. Martin used to practice law like yours truly. He participated in hundreds of financial transactions and helped take many companies public. And he's been successful at it, selling a company for $100 million in 2011. With the promise of large international markets and Canada's goal to become the major player in legal Cannabis, Leviathan could indeed become a dominant player in the market.