Enable Clinics Presents Investors With An Alternate Approach To Play The U.S. Cannabis Boom – Technical 420

Empower Clinics Presents Investors Having An Alternative Approach To Play The U.S. Cannabis Boom – Technical 420

From Technical 420

The Canadian cannabis market has seen enormous growth over the last two years and this has resulted in the creation of sub-industries like licensed manufacturers, biotechnology, patient services, large data and technology, holding companies, and more.

Among the roadblocks the global cannabis industry faces is the lack of clinical information. This issue creates a challenge for doctors to properly dose and prescribe cannabis to patients. As the industry continues to mature, the number of data available for doctors and prescribers increases and this information won’t come cheap.

Empower Clinics Inc. (EPW.CN) (ADENF) is levered to this opportunity and we’ve been closely monitoring the provider. The company is levered to the emerging marijuana market in the United States and has a three-pronged business model:

With 15 active clinics in two states, Empower is generating valuable patient data while increasing market share in a burgeoning industry. The number of information being generated is important and we see value in this. We think the industry significantly undervalues this information as it provides important information about what patients are taking to treat specific ailments.

As Empower continues to create important patient information, the value of this data and the understanding that the company has will continue to increase. Empower has initially targeted markets in Washington and Oregon. We are positive on the leverage to these markets and the future growth since Empower continues to expand its reach.

On both the cultivation and biopharma side of this market, there’s an enormous appetite for higher-quality data. We’ve seen companies in Canada capitalize on these types of opportunities and we’re positive on this area of growth. The amount of revenue which can be generated on this side of the business is important and the sector is not taking this into account.

Released at Tue, 21 Aug 2018 15:09:55 +0000

Posted in: News

Comments are closed.