Target Group Inc. (OTCQB: CBDY) Breakout Alert $.10 Target
New Report just released on EmergingGrowth.com
https://emerginggrowth.com/target-group-inc-otcqb-cbdy-finding-value-in-the-cannabis-sector/
Awarded 3 Licenses from health Canada to Cultivate, Process and
Sell Cannabis
Completed $20 million Raise
Miami,
FL--(InvestorsHub NewsWire – November 19, 2019) –
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 Target Group,
Inc. (OTCQB: CBDY).
This could be the
biggest play in the Cannabis space in years. See the full
story on
http://www.EmergingGrowth.com
CBDY
may not be at these levels much longer.
See the Press
Release and more on Target
Group,
Inc. (OTCQB: CBDY) at
EmergingGrowth.com
https://emerginggrowth.com/stock-report/?code=cbdy
Target Group,
Inc. (OTCQB: CBDY) is displaying value in the
Cannabis sector.
Target Group
(OTCQB: CBDY) is a progressive, diversified, and
vertically integrated cannabis investment company who is expanding
their global operations to build an international network of
manufacturing, distribution, production, and sales. Target Group
is creating an iconic brand
portfolio, leveraging product diversification, innovation, and
operational expertise to solidify long-term growth and
stability.
Target Group
(OTCQB: CBDY) was listed on the OTCQB in late
2017 and by August 2018, the company completed its first wholly
owned acquisition of CanaryRX, a licensed producer pursuant to the
Cannabis Act (Bill C-45) (http://www.CanaryRX.com).
By June of
2018, the company had completed $20 million in equity financing in
order to complete the buildout of its Norfolk County cultivation
facility.
Target Group
(OTCQB: CBDY) is vertically integrated in all
aspects of the cannabis market.
Target Group,
Inc. (OTCQB: CBDY) has also completed a number of
acquisitions.
Canary:
Canary, its first
acquisition consists of a state of the art, 44,000 sq. ft, $13
million Norfolk County premium growth production facility. Each of
the 8 isolated grow rooms will produce ultra-premium, small batch
and artisanal cannabis amounting to $3.6 million grams
annually.
The company
received its cultivation, processing and sales license in October
2019, and will begin to grow and produce, CBD and THC products
(where permitted by law) based on unique premium genetics. Its
massive indoor climate-controlled facility allows for growing
year-round.
In addition to
cultivation, Canary will additionally focus its efforts on a joint
venture relating to co-packing & Co-manufacturing services with
a multinational partner allowing it to not only be vertically
integrated in its value chain, but also will enable Canary through
this JV to create white label products for all other Licensed
producers.
Serious
Seeds:
Having a
well-known brand behind you is the key to standing out in a market
with more newcomers coming in daily.
Serious Seeds
(http://www.SeriousSeeds.com)
has been an established brand, offering the best quality of
cannabis strains in the market since 1994, and is now under the
umbrella of Target Group, Inc. (OTCQB: CBDY).
Canary RX has
signed a partnership agreement whereby it is effectively the world
manufacturer and distributor of Serious Seeds products in all legal
markets.
Serious Seeds,
having won more than 100 awards is the home of
the classic award-winning
cannabis strains AK-47, Bubble Gum, Chronic,
Kali Mist, White Russian, Warlock, Double Dutch, Biddy Early,
Motavation, Serious 6, Autoflowering White Russian #1, Serious
Happiness, Serious Kush, CBD-Chronic, CBD-enriched Warlock and
Strawberry-AKeil.
Serious seeds
will be exclusively supplying premium seeds to Canary's state of
the art facility.
CANABC:
Experts in the
industry, see the cannabis startup
failure rate to exceed 97%. The main reasons
behind this, is that with most cannabis companies, the do not
allocate resources for guidance in avoiding the pitfalls that
inevitably arrive.
In order to not
become a statistic, Target Group, Inc. (OTCQB: CBDY) entered into an agreement with
cannabis consulting firm CANABC.
With
micro-licensing as a specialty, CANABC offers full-spectrum
consulting services to assist cannabis entrepreneurs in obtaining a
micro cultivation, processing or nursery license from health
Canada. (https://www.canada.ca/en/services/health.html).
From Seed to Sale, CANABC guides and supports clients to get
licensed and stay licensed.
Their services
include:
-
Business Plan
& Networking
-
Site
Suitability Assessment
-
Assistance
with CTLS Application
-
Custom Quality
Assurance & Security Program, SOPs & GPPs
-
Pre-Licensing
& Approval Process Support
-
Premium
Genetics, Brand Partnerships, Marketing
-
Sales &
Distribution through their partner, Canary
RX
-
Ongoing
Operational and Compliance Support
-
Testing,
Retention & Recalls
-
Qualified
Consultant Recommendations
Since 2017,
CANABC has also helped over 8,000 patients who were interested in
exploring cannabis as a treatment option, obtain licenses from
Health Canada CANABC provides prescription services, or helps
individuals register to produce cannabis for their own medical
use.
Target Group,
Inc. (OTCQB: CBDY) will receive a not only a
consulting fee (based on size location and production) for CANABC's
services, but also the first right of refusal on the cultivated
product of those who it consults for allowing for "Flexible
Production" without any increase in production space.
CANABC is a
diamond in the rough for not only those new to the space, but more
so to Target Group, Inc. (OTCQB: CBDY), as it is the quality control,
making sure that seeds are up to highest standards.
CannaKorp,
(http://www.CannaKorp.com
another Target
Group, Inc. (OTCQB: CBDY) acquisition, is the brainchild of
one of the ex-executives of Keurig, Inc. (NYSE: KDP)
CannaKorp raised
$6 million on their own and currently holds a design patent for
pods for their flagship vaporizer "Wisp" with other international
patents currently in review.
Similar to a
Keurig coffee machine, Wisp is a flower based vaporizing system
that takes "pods" which contain CBD or THC flower (where permitted
by law) in natural botanical and herbal form that, through the pods
are converted into vapor form free of combustion, additives, and
without denaturing.
Target Group's
(OTCQB: CBDY) wholly owned subsidiary Canary
will perform the co-packing of the Wisp pods for all of its
partners in Canada to offer an easy and centralized turnkey
solution for pod production.
Like Keurig,
third party partners will be able to create their own pods by
sending their bulk flower for processing with a variety of
botanical and herbal flavors of which Target Group (OTCQB: CBDY) through CannaKorp will receive a
royalty.
CannaKorp's
offices are located in the US in Boston Massachusetts.
CannaKorp and its
Wisp vaporizer opens Target Group (OTCQB: CBDY) to a possible acquisition by a
major. Not 12 months ago, vaporizer company
Volcano was acquired by Canopy Growth (NYSE: CGC) for approximately
$160 million.
To
complete Target Group's (OTCQB: CBDY) circle, in lies TrueFocus.
Currently Target Group has the exclusive licensing rights for
Europe, UK, the USA and the Caribbean.
True Focus, a
future acquisition planed by Target Group (OTCQB: CBDY) is an oral spray that counteracts
negative effects of CBD / THC such as anxiety, "couch lock", and
grogginess and influences a more levelheaded feeling.
This goes very
far as a medical application to counter act the negative side
effects of potent forms of cannabinoids such as concentrates and
edibles among others. A few simple sprays under the tongue will
yield a more positive outlook and allow more patients to be able to
benefit from this route.
Investment
Summary
The cannabis
sector clearly looks like it has put in a double bottom on a
technical basis so now could be an opportune time to step into the
sector and buy value with a foundation. The next stage of
growth could very well be mergers and acquisitions, but it's
unlikely that the top brands backed by conglomerates will be
creating mega brands. Those businesses like TLRY, CRON, and
CGC will start to work when these large brands start selling and
launching CBD or THC infused products.
Mergers an
acquisition plays could also begin to happen in the space and
represent big upside for investors. The sweet spot in the
sectors seems to be a company that has a modest valuation, that
spans full circle in the space, and could also be an acquisition
target. CBDY possesses all of these characteristics. By all metrics
the stock seems extremely undervalued and ready to
run.
The risk in this
situation is the company's ability to generate funds to take them
from their initial growth through a couple seasons of sales.
The company, however, did already demonstrate their ability to
close a $20 million raise in June of 2018.
Baring financing,
we see huge potential for the stock which could be trading over the
.10 mark once we see consistent revenue begin to pour
in.
CBDY
may not be at these levels much longer.
See the Press
Release and more on Target
Group,
Inc. (OTCQB: CBDY) at
EmergingGrowth.com
https://emerginggrowth.com/stock-report/?code=cbdy
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