CANNAINVESTOR Magazine October / November 2016 - Page 29



Some States, and all of Canada, allow the legal growing of marijuana in accordance to strict regulations for medical patients. In Canada, The Peace Naturals Projection (PN) is 100% owned by PharmaCan Capital Corp (TSXV:MJN; OTC:PRMCF). MJN owns between 1.9% and 100% of a few Licenced Producers across Canada and this may give MJN a distinct advantage when recreational use of cannabis is legalized because Provinces (similar to States) may set up barriers that limit distribution to and from other Provinces.

In September, Arcturus Growthstar Technologies Inc (CSE:AGS; OTC: AGSTF) won 1st prize at the Cannabis Cup for its Scorpion Lights (according to AGS: these lights used with off the shelf seeds and nutrients can grow award winning flowers safely in small rooms). To the astute investor looking to invest internationally:

⦁Canada just legalized the grow your option for patients using medical marijuana.

⦁Canada is a world leader in Medical Marijuana and the Canadian Government has committed to legalize recreational marijuana in the near future.

⦁MJN is doubling its capacity in British Columbia at one of its 100% owned Licenced Producers by purchasing 17 acres of land.

⦁Within MJN’s portfolio, is a 21.5% ownership of the Whistler Medical Marijuana Company that on September 27 announced the release of Canada’s first high cannabigerol (CBG) cannabis oil.

⦁PN, in February 2016, announced it was establishing a nation wide chain of clinics in Canada named “Peace Naturals Whole Health Centers”.

⦁PN stated it intends to be a market leader in the ‘grow your own’ market.

⦁Third party valuations sources such as Morningstar had MJN as “undervalued” as recently as late September.