Analysts project total industry sales will grow 3x-8x1 in the next decade to as high as $130 billion. Media outlets often refer to cannabis "as the fastest growing industry on the planet." However, as cannabis remains illegal at the federal level in the United States, these public companies often lack access to institutional capital and large bank financing.
MjMicro provides a dedicated solution to connect private capital investment in public entities to fuel this growth.
Billions of dollars are rolling into this industry through private placements and venture capital funds. In 2018, an estimated $13.8 billion was raised by cannabis companies, up four-fold from the year prior.2 These deals move fast through private circles and investor networks.
MjMicro provides investors unprecedented access to deal flow.
At the onset of 2019, there were over 400 cannabis-related public companies2 with hundreds more potentially listing in the next 12-18 months. Determining the best companies and opportunities in this sector can be daunting for most investors.
MjMicro brings the best public companies to the stage to maximize the return on your time.
To put the opportunity into perspective, the total value of all public cannabis and hemp on the Canadian market 5+ years ago was $100 million. Today single companies are worth $19+ billion. Comparatively, the total value of all internet and new media companies in 1994 was under 500 million, and by 2000, the total value of the top 280 public internet and new media companies was in excess of $2.9 trillion.4
2Source: Viridian Capital Advisors
4Source: Electrum Partners