WEED Up 31% Today, PURE Breaking Out and Ready to Explode!

Canopy Growth (TSX: WEED) is up 31% today to $42.15 per share on news that Constellation Brands (STZ) has invested an additional $5 billion into the company. STZ has acquired an additional 104.5 million WEED shares in a private placement priced at $48.60 per share, which is equal to a shockingly HUGE premium of 51.2% above its closing price yesterday of $32.15 per share. WEED will now have 322 million shares outstanding for a market cap at $42.15 per share of $13.57 BILLION! WEED is now worth a stunning 174X its trailing twelve month revenue of $77.95 million!

Pure Global Cannabis (TSXV: PURE) in NIA's opinion will be the next marijuana stock to explode like WEED! PURE is beginning to breakout big up 6.9% today to $0.31 per share. Later this year, NIA will be traveling to Toronto for the grand opening of their Solace Health cannabis cultivation facility that will initially have 18,000 square feet of cannabis cultivation space!

Currently, PURE only has 147.8 million shares outstanding for a very low market cap of $45.82 million. PURE will soon have the first multi-ponic vertical cannabis farm in all of Canada and could become the #1 cannabis play in the entire market!

PURE's closest direct comparison is TerrAscend Corp (CSE: TER), which currently has 18,000 square feet of cannabis cultivation space just like PURE will have later this year. TER is currently trading for $4.25 per share with a HUGE market cap of $405 million!

Look for PURE to rally big in the weeks ahead up to a market cap similar to TER. A market cap of $405 million for PURE will value the stock at $2.74 per share! PURE is already fully funded to grow to 41,000 sqft of cannabis cultivation space with production capacity of 8,000 kg/yr in 1Q 2019!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from PURE of $75,000 cash for a six month investor relations contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.