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Investing in the ABcann Medicinals IPO

Written By Jeff Siegel

Posted April 17, 2017

Some are saying it could be the biggest legal cannabis IPO of the year.

Now I don’t know how many other cannabis companies plan to go public in 2017, but there’s definitely no doubt that when ABCann Medicinals debuts on the TSX Venture, it’s going to big.

I’m certainly looking to get an early piece. After all, this is a solid little outfit that’s licensed to produce cannabis in a country that’s set to fully legalize next year – Canada.

The company currently has a fully-operational 14,500 sq. ft. facility with a production capacity of 1,000 kg. It’s also in the process of developing a 150,000 sq. ft. facility with a production target capacity of 40,000 kg per year.

In addition to its Canadian operations, it’s also aggressively moving into the European, Australian and Israeli markets. The latter, by the way, could end up being one that really sets ABcann apart from other Canadian producers. And this is all thanks to a company called Syqe Medical

Syqe Medical

Syqe Medical is an Israeli tech firm that’s developed the world’s first selective-dose pharmaceutical grade cannabis inhaler.


For doctors prescribing cannabis, this is the holy grail as it allows for a level of dosing precision that’s never been seen before. The inhaler uses 100 microgram dosing precision, real-time thermal and flow controllers, lung interfacing and wireless connectivity. This is beyond next-generation stuff, folks. And I’m all over it. So is ABcann.

You see, ABcann has already successfully shipped product to Syqe in Israel and the company is heavily involved in ongoing testing and R&D.

Apparently, the founder of Syqe, Perry Davidson loves ABcann, saying, “After visiting Abcann’s production facility in Canada, I personally witnessed that their production technologies put them in a class with the best in the world in their ability to produce standardized pharmaceutical grade cannabis.”

This is good company to be in.

It should also be noted that Syqe’s inhaler is being marketed by Teva Pharmaceuticals, a major pharmaceutical player with FY 2016 net revenues of $21.9 billion.

But getting back to the basics, ABcann is licensed, operational cultivator in Canada that grows pesticide-free cannabis (a superior niche), and has experienced a YTD customer growth rate of 30% month over month.

The company’s high yields offer a low cost-per-gram product, and its customer retention rate is 94.7 percent, which is very impressive.

ABcann is expected to debut on the TSX Venture within the next two weeks. It will trade under the symbol: ABCN.

Don’t sleep on this one!