Pot Stock: Could This Be the Next Marijuana Stock?
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The subscription service is currently unavailable. Please try again later.Can ICC Make a Big Impact on Pot Stock?
International Cannabis Corp (CVE:ICC) is the new kid on the block in the pot stock business hitting the Canadian TSX Venture market. And as the name implies, it’s not strictly limited to Canada, with Uruguay set to be one of the key facets of its operation.
Why Uruguay? Because a pot stock based out of there has a pretty big consumer base from which to draw. Of the 3.4 million people living in the South American country, an estimated 55,000 plus engage in marijuana use, sparking up 40 grams per month on average.
The country is also a little ahead of the times concerning marijuana (and marijuana stock) compared to Canada; both recreational and medicinal pot are legal. They consume about 27 million tonnes annually. That’s quite a few joints. And they definitely have the land to produce.
ICC’s pot stock is looking to...
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