StereoVision (OTC Pink: SVSN) Obtains Hemp Permit and
Additional 400 Irrigated Acres in Colorado
Miami, FL -- April 4, 2018 --
InvestorsHub NewsWire -- EmergingGrowth.com, a leading
independent small cap media portal with an extensive history of
providing unparalleled content for the Emerging Growth markets and
companies, reports on StereoVision Entertainment, Inc. (OTC
Pink: SVSN).
SVSN may
not be at these levels much longer.
See the Press Release and more on StereoVision (OTC
Pink: SVSN) at EmergingGrowth.com
http://emerginggrowth.com/?s=svsn
StereoVision Entertainment, Inc.
(OTC
Pink: SVSN) just announced that its majority-owned medical
cannabis and organic hemp subsidiary, CannaVision signed a J/V
Agreement with the Bowman Family Farm of Colorado for 400 irrigated
farming acres with an active hemp farming
permit.
“With United States Senate Majority Leader Mitch
McConnell wanting to legalize hemp by removing it from the
controlled substances list, the mainstream commercialization of
hemp products in America could soon begin in earnest,” stated
Steven Previch, CannaVision’s COO. http://www.chicagotribune.com/la-na-mcconnell-hemp-20180328-story.html
Steven Previch, Cannavision’s COO continued, “While
we're standing by at the ready waiting for our hemp farming permits
for the farming acreage we’ve secured in Puerto Rico, with the
Bowman Family Farms J/V we’re now fully licensed and permitted for
hemp farming. CannaVision has no upfront costs for the purchase or
lease of irrigated farmlands. An added value in this J/V is the
Bowman's unparalleled knowledge and experience in the industrial
hemp industry.”
SVSN also recently announced that it has,
through its majority owned medical cannabis and organic hemp
subsidiary, CannaVision, completed a 1,000 acre hemp farm lease
agreement in Puerto Rico with the Calimano Benito
Group.
The CBD in organic hemp, can
generate up to $140,000 per acre, per harvest, and because of the
favorable climate in Puerto Rico, the Company can harvest 2-3 crops
per year, which in this case, would generate $420 million in CBD
Sales.
Stereovision Entertainment, Inc. also recently announced that it
retained Dieterich and Associates to file
a $50 million REIT (Real Estate Investment Trust) with the SEC for
listing on the NYSE (New York
Stock Exchange) to purchase irrigated farm land for long term
favored nation leases to their majority owned subsidiary
CannaVision for their organic hemp farming plan.
StereoVision Entertainment, Inc. (OTC
Pink: SVSN) formed a Florida C corporation OrganaCanna Property
Management (OPM) to
purchase irrigated farm land for long term favored nation leases
for our majority owned subsidiary CannaVision’s organic hemp
farming plan, and to generate management fees for the
Company.
Through the REIT, the Las Vegas based company will receive equity
in the REIT and management fees and purchase irrigated farm land
for long term favored nation leases to its majority owned
subsidiary, CannaVision. Stereovision, Inc. (OTC Pink: SVSN) has a
70% stake in CannaVision, which has a fully funded SEC S-1
registration statement being filed with the SEC.
CannaVision has an
innovative organic hemp farming model. Leasing land through the $50
million REIT, instead of buying it upfront in the real estate
market, will enable CannaVision to exponentially expand its acreage
overnight without having to compromise its cash position or raise
capital through debt and other dilutive equity financing
strategies.
The REIT, which has already
aroused sharp interest from Wall Street investors keen on venturing
into the legal cannabis space, will allow CannaVision to rapidly
expand its footprint. This expansion, which will be explored in
greater detail further in the article, will translate into growth
for SVSN since it is a majority shareholder. This could unlock
tremendous value in SVSN’s stock, which could be considered to
be grossly undervalued.
Among the many products from hemp, CBD can generate as much as
$180,000 (CAD)/$140,000 (USD) per acre. This is according to
research based on the Canadian market, which is more readily
available due to the fact that the country has more progressive
cannabis laws than the U.S. The chart below gives a detailed
breakdown of the expected revenue from just one acre of industrial
hemp.
Evidently, acreage is the Holy Grail in hemp cultivation—revenues
are a direct function of how many acres you grow. However,
expanding acreage is easier said than done. Farmland is
increasingly expensive in the U.S., with prices having increased
consistently since the early 90s and even defying the 2008
financial crisis. This is according to analysis by The Motley Fool
cited on USA TODAY.
The high cost of farmland
presents a challenge to the vast majority of hemp cultivators as
legal cannabis is still a development stage industry and the vast
majority of companies in the space are currently not generating
sufficient revenues or cash flows to purchase irrigated farm
land.
U.S. farmland prices have increased consistently since
early 90s
Moreover, despite sustained hype over progressive cannabis
legislation in the U.S., most cannabis players are still operating
legally ambiguous businesses as far as Federal Law is concerned.
This introduces insurmountable challenges while seeking capital
from Wall Street, commercial banks and other mainstream financial
institutions.
As a result, some of the
most hotly traded stocks in the space, such as Terra Tech Corp
(OTCQX: TRTC), routinely dilute common
stockholders through toxic debt in order to raise short-term
capital. In our last analysis of the stock earlier in the year, we
presented a blow-by-blow analysis of how
the company has diluted stockholders through the years by
increasing shares outstanding from 76.89 million in 2012 to 903.17
million as at December 11th 2017. TRTC has dropped
30% since our analysis.
Unlike its peers, SVSN has
found a way to get the smart money into legal cannabis through an
NYSE-listed REIT. As earlier stated, the REIT will allow its
subsidiary—CannaVision—to gain inexpensive access to thousands of
acres of irrigated farmland for hemp cultivation without resorting
to shareholder-unfriendly financial acrobatics that peers such as
TRTC have grown accustomed to.
Only one company so
far—Pacific Century Holdings—has successfully launched a cannabis
focused REIT, demonstrating the difficulty of accessing
cannabis funding on major exchanges while at the same time
underlining the rare expertise of managers such as CannaVision’s
Previch.
“We are the second company
to do so, but the first one in so far as our REIT will exclusively
benefit our majority owned subsidiary,” said Honour.
The average price of U.S. farmland is currently around $2,728,
according to the aforementioned analysis by The Motley Fool.
Through the $50 million REIT, CannaVision will ultimately be able
to access up to 18,328 acres. This translates into an opportunity
to rake in revenues of $2.6 billion in the long-term. This is not a
typo, but a calculation based on the average revenue per acre of
hemp of at least $140,000.
Read the full article about the REIT on
EmergingGrowth.com
http://emerginggrowth.com/stereo-vision-entertainments-otc-pink-svsn-50-million-nyse-reit-to-unlock-stocks-underlying-value/
When investors look at the amazing success story of GW
Pharmaceuticals (NASDAQ: GPWH), they often get mesmerized by the
five year stock chart and forget that successful companies are not
built by traders but talented executives who can execute on
strategy. The company has had the same CEO—Justin Gover—since
January 1999, shortly after
it was founded.
CannaVision has the same
dedication from its team, who are committed to drive the company’s
vision into the long-term. Through its parent company, it will be
able to access farmland without putting itself in financial
jeopardy, a feat that very few cannabis players have achieved. It
also has an incredible business case and could witness exponential
growth in revenue in coming years, leading to a potential big
ticket acquisition.
SVSN, which has a 70% stake
in CannaVision, again, could be considered grossly undervalued in
light of its current market cap of around $12.4 million versus
CannaVision’s potential to rake in revenues of $20 million in the
first year of operation without stock dilution, debt financing
costs and land acquisition costs. CannaVision’s potential to become
a billion-dollar company by revenue through the REIT can also not
be downplayed.
Once the REIT draws much deserved attention to SVSN, which has
other highly successful media and production subsidiaries, the
upside could be tremendous. The stock is a value
play!
SVSN may
not be at these levels much longer.
See the Press Release and more on StereoVision (OTC Pink: SVSN) at
EmergingGrowth.com
http://emerginggrowth.com/?s=svsn
Other Companies in the news and featured on
EmergingGrowth.com
Sirrus Corp.
With little to no volume to speak of prior to Monday this week,
Sirrus Corp. (OTC
Pink: SRUP) had its best trading day ever. Shares spiked
over 100% before giving back a fraction at the close. The
company has not released news since the 28th of march
detailing the completion of a milestone sale. Candlesticks
indicate a down turn after the massive gain by displaying a tall
wick, so expect some profit taking in today’s session.
Have a look at Stereovision (OTC
PINK: SVSN), which through its majority owned sub just obtained
its hemp permit in Colorado plus and additional 400 irrigated
acres.
DirectView Holdings, Inc.
Shares of DirectView Holdings, Inc. (OTC
Pink: DIRV) seem to have completed its run today with
candlesticks indicating bearish at the close. Shares are up
800% through the month of March. What pushed them over the
top was the redesign of their website, which was announced on March
28th.
Have a look at StereoVision, Inc. (OTC Pink: SVSN) which recently
began to generate some excitement as the company announced that it
is filing a $50 million REIT with the SEC for listing on the NYSE
to purchase irrigated farm land for long term favored nation leases
to their majority owned subsidiary CannaVision, for their organic
hemp farming plan. It seems like shares of SVSN have calmed
down a bit and are ready for another run.
Liberated Energy,
Inc.
Liberated Energy, Inc. (OTC
Pink: LIBE) shares have found their way up and down 300% over
the past three weeks. Shares found their way down an
additional 14% yesterday with news of an LOI with Libra Fund for a
$12 million acquisition.
Stereovision, Entertainment (OTC
Pink: SVSN) has only begin to earn the attention of the
markets. We are looking forward to seeing much more from them
in the future.
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