Investment thesis
The cannabis/marijuana market sector is growing by leaps and bounds due to changing public perception and a myriad of recent legislation favorable to the industry. Many of these companies are Canadian-based with scant sales coupled with substantial start-up costs and negative "bottom lines." Their lack of an adequate capital structure, coupled with management teams that lack substantial industry knowledge, is a recipe for disaster. Investors in this space need to focus on those companies whose financial profile affords them the best chance of success. The purpose of this article is to introduce Abacus