Source: Advanced Cannabis Solutions Company Press
NEW YORK, March 17, 2014 /PRNewswire/ — Advanced Cannabis Solutions (ACS) ( OTCQB: CANN ) is a provider of services to the regulated cannabis industry throughout the United States and leases growing space and related facilities (commercial real estate and equipment) to licensed marijuana business operators for their production needs.
Marijuana usage is on the verge of becoming main-stream with the US Public and has the strong potential to become a big business. The market is expected to grow over 64% to $2.4 Billion in 2014 and investors are diving in. One area of focus gaining attention is real estate and growing.
Marijuana legalization for recreational use in Colorado and Washington as well as medical marijuana laws in other states have created increased demand for marijuana growing space. A new startup, Advanced Cannabis Solutions has been formed to help meet this demand for specialized real estate. ACS plans to buy property, initially in Colorado, and lease it to marijuana growers and dispensaries.
Forming at the perfect moment to capture the legal and regulatory zeitgeist, CANN has rode the marijuana stock boom to a valuation of over $500million before showing any revenue or holding any assets.
This is similar to 99′ era of extreme internet stock over- valuation. A brand new company with barely any revenue, no assets, but happens to be in a hot sector trading for a valuation that belies any rational underpinning. Marijuana real estate is the new Internet. Avoid Advanced Cannabis Solutions at these valuations. Click here to see our full report on CANN including valuation analysis:
http://bit.ly/CANN-AnalystValuation copy and paste may be required
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Gregory Nep, Chartered Financial Analyst. An outsourced research services provider represented by Gregory Nep, Chartered Financial Analyst, provided Small Cap Street, LLC this article or report. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. Small Cap Street, LLC and BrokerBank Securities, Inc. are not entitled to veto, interfere or alter the articles, documents or report once created and reviewed by the outsourced research provider represented by Gregory Nep, Chartered Financial Analyst.
If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected] . For any urgent concerns or inquiries, please contact us at [email protected] .
NO WARRANTY OR LIABILITY ASSUMED
CANN has not compensated Small Cap Street, LLC, BrokerBank Securities, Inc, or Gregory Nep, Chartered Financial Analyst for the creation or dissemination of this report. Small Cap Street, LLC and BrokerBank Securities, Inc, is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Small Cap Street, LLC and BrokerBank Securities, Inc. whatsoever for any direct, indirect or consequential loss arising from the use of this document. Small Cap Street, LLC and BrokerBank Securities, Inc. expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Small Cap Street, LLC and BrokerBank Securities, Inc. do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
Small Cap Street, LLC is the party responsible for hosting the full analyst report on smallcapstreet.com. BrokerBank Securities in the party responsible for issuing the press release and Gregory Nep, Chartered Financial Analyst, is the author of research report. Information in this release is fact checked and produced on a best efforts basis by Gregory Nep, Chartered Financial Analyst. BrokerBank Securities, Inc. has been compensated one hundred dollars by Small Cap Street, LLC to issue press release. Gregory Nep, Chartered Financial Analyst has been compensated one hundred dollars by Small Cap Street, LLC for the right to disseminate press release and research report.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.