via NEWMEDIAWIRE -- CFN Media Group (“CFN Media”), the leading
agency and financial media network dedicated to the North American
cannabis industry, announces publication of an article discussing
RavenQuest BioMed Inc. (CSE:RQB) (RQB.CN) (CNSX:RQB) (OTCQB:RVVQF).
The company has developed a four pillar approach to the market,
including partnerships with Indigenous Peoples, in-house licensed
production by mid-2018, revenue from managed services, and research
and development. Investors may want to take a closer look at the
stock given its unique value proposition and focus on partnering
with a growing number of Indigenous People’s groups.
Canada’s cannabis industry is projected to be worth C$22.6
billion over the coming years, according to Deloitte, driven by the
legalization of medical and recreational cannabis. With more than
100 licensed producers, investors have many different options for
gaining exposure to the burgeoning industry. The best opportunities
are companies that are taking a unique approach to the market
rather than simply growing cannabis flower.
Partnerships With Indigenous Peoples
Canada’s Indigenous population will play a key role in the
emerging cannabis industry. While there are only four Indigenous
licensed producers, and 14 applications that have identified
affiliations, the government hopes to allocate about one-fifth of
the total cannabis canopy to the population over the long-term.
These groups are also lobbying to receive an appropriate share of
the excise taxes derived from the sale of cannabis.
RavenQuest has developed an Indigenous-centered, end-to-end
offering for cannabis production and sale on sovereign land. These
efforts are led by Head of Government and Indigenous Relations,
Bill Robinson, former President & CEO of the Alberta Gaming
& Liquor Commission and former Commander, “D” division, RCMP.
The company has already worked with several Indigenous Peoples
groups at various stages of the licensing process.
The company’s partnerships with Indigenous populations are
typically structured as a services contract to help them develop
their Health Canada application. After securing licensed producer
status, management’s goal is to transition into a full-fledged
equity partnership focused on helping them build out their
production footprint, effectively manage the operations, and
realize long-term success.
New Contracts in Place
RavenQuest recently signed a contract with Alexander First
Nation to develop a cannabis license application, marking a huge
first step toward a brighter economic future for both the
Indigenous group and the company’s shareholders. The Indigenous
group is located next to the Edmonton Metro region, which has a
population of over 1.3 million residents, and plans to build a
cannabis facility on its sovereign land.
“This agreement speaks to our continued commitment to working
with Indigenous communities,” said RavenQuest CEO George Robinson
in a recent press release announcing the new agreement. “We see the
economic and social impact these partnerships can bring and will
continue our work in earnest to establish similar partnerships and
engagements with unique Indigenous communities in the months
ahead.”
In the case of Fort McMurray, the company’s services contract
evolved into a full-fledged equity partnership to develop a 24,000
sq. ft. facility, and then, an expansion agreement to move it to a
250,000 sq. ft. facility. A similar agreement may be possible with
Alexander First Nation if it’s successful in obtaining a licensed
producer status from Health Canada, meaning that the initial
agreement could be a bigger deal down the road.
These agreements also serve as a proof-of-concept when it comes
to working with other Indigenous groups around the country. With
one-fifth of the total canopy dedicated to these groups, they could
be very lucrative over the long run.
Looking Ahead
RavenQuest BioMed Inc. (CSE: RQB) is well positioned to unlock
significant value within the cannabis industry by targeting the
Indigenous Peoples markets. While there are more than 100 licensed
producers for investors to choose from, RavenQuest represents a
unique focus that provides diversified exposure to the
industry.
For more information, visit the company’s website at
https://rqbglobal.com/.
Please follow the link to read the full article:
http://www.cannabisfn.com/ravenquest-biomed-solidifies-leadership-position-indigenous-markets/
About CFN Media
CFN Media (CannabisFN) is the leading agency and financial media
network dedicated to the global cannabis industry, helps companies
operating in the space attract investors, capital, and publicity.
Since 2013, private and public cannabis companies in the US and
Canada have relied on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or
entrepreneur: http://www.cannabisfn.com/featuredcompany
Download the CFN Media iOS mobile app to access the world of
cannabis from the palm of your hand:
https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the
Apple App Store logo to receive a download link text on your
iPhone: http://www.cannabisfn.com
Disclaimer
CannabisFN.com is not an independent financial investment
advisor or broker-dealer. You should always consult with your own
independent legal, tax, and/or investment professionals before
making any investment decisions. The information provided on
http://www.cannabisfn.com (the ‘Site’) is either original financial
news or paid advertisements drafted by our in-house team or
provided by an affiliate. CannabisFN.com, a financial news media
and marketing firm enters into media buys or service agreements
with the companies that are the subject of the articles posted on
the Site or other editorials for advertising such companies.
We are not an independent news media provider. We make no
warranty or representation about the information including its
completeness, accuracy, truthfulness or reliability and we
disclaim, expressly and implicitly, all warranties of any kind,
including whether the Information is complete, accurate, truthful,
or reliable. As such, your use of the information is at your own
risk. Nor do we undertake any obligation to update the items
posted. CannabisFN.com received compensation for producing and
presenting high quality and sophisticated content on CannabisFN.com
along with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC,
which owns CannabisFN.com and CFN Media, has been hired to create
awareness. Please follow the link below to view our full disclosure
outlining our compensation:
http://www.cannabisfn.com/legal-disclaimer/
Frank Lane 206-369-7050 Flane@cannabisfn.com
RavenQuest BioMed (CSE:RQB)
Gráfico Histórico do Ativo
De Dez 2024 até Jan 2025
RavenQuest BioMed (CSE:RQB)
Gráfico Histórico do Ativo
De Jan 2024 até Jan 2025