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This year we're expecting a massive amount of merger and acquisition (M&A) activity across the board.
All growing industries will deliver a lot of deal-making, with companies either making acquisitions to follow through on growth plans or being bought by a bigger player.
Strategic acquisitions this year will also address the fact that investors want results now. When acquisitions close, that puts revenue on the balance sheets that companies previously did not have.
Cannabis is no exception.
Just take a look at Gaby Inc. (OTCMKTS: GABLF), a California-based consumer packaged goods (CPG) company that takes a unique approach to cannabis and hemp-infused products.
Thanks to several key acquisitions, it grew revenue by a whopping 2,000% in a year, from 289,092 Canadian dollars for the month ended Sept. 30, 2018, to CA$6.2 million for the month ended Sept. 30, 2019.
Now it's time to spot the "next Gaby"…
About the Author
Millions of Americans are hungry for information on cannabis investing. And for good reason…
Cannabis is the fastest-growing investment opportunity of all time. It represents a turning point for investors.
That’s what inspired the launch of The National Institute for Cannabis Investors – The Institute, or NICI, for short.
The Institute brings together the brightest minds in cannabis investing and research, all to give investors the information and guidance needed to make a fortune.
NICI is the most powerful cannabis-investing tool available to investors who want to achieve their dreams of financial freedom. You can learn more about how to get free access to their cannabis profit research here.