CANNABIS WHEATON I COM NPV (OTCMKTS:KWFLF) Making The Right Moves

A series of positive company announcements coupled with positive developments in the regulated cannabis world saw shares of CANNABIS WHEATON I COM NPV (OTCMKTS:KWFLF) spike to new highs in recent months. The upwards moves also followed the company’s rebranding in May to sharpen its focus on the burgeoning cannabis industry.Profit-taking following the gains in KWFLF resulted in pullback events in the stock. Take a look at KWFLF’s price action. KWFLF Daily ChartAs we are going to see in this piece, pullbacks in KWFLF provide opportunity for savvy investors to enter this fantastic cannabis stock for short-term and long-term rewards as the market becomes more aware of the company’s bright prospects.Before we get into the details, we’ll provide a brief review of KWFLF’s business for the sake of our readers who are coming across this company for the first time.BusinessKWFLF is a Canadian corporation focused on the regulated cannabis industry. KWFLF has a unique but compelling business model as you are about to see shortly in this article.The company has been around since 1987, though it was operating under a different name as Knightswood Financial Corp. It rebranded to Cannabis Wheaton Income Corp. in May 2017 and immediately hit the ground running with a business model that uniquely positions it for opportunities in Canada’s expanding regulated cannabis industry.Canada is on track to dramatically expand its regulated cannabis market with federal legalization of recreational marijuana by next year.KWFLF describes itself as the world’s first cannabis streaming company. The company identifies and invests in business entities that stand the best chance of succeeding in Canada’s regulated cannabis market. These entities stream revenue to the company. KWFLF boasts a growing base of streaming partners.Wheaton Licensing accelerator programTo capitalize on Canada’s rapidly burgeoning regulated cannabis market, KWFLF on September 18 announced the launch of a startup accelerator program called Wheaton Licensing. The company uses this accelerator platform to support exceptional entrepreneurs in the cannabis industry through all the stages of application to become a licensed cannabis producer in Canada.The Wheaton Licensing program is nothing short of KWFLF putting the extensive expertise and experience of its team to use in fashion that will produce rewards for many years to come. Through Wheaton Licensing, KWFLF works with cannabis entrepreneurs from the initial submission in the license application process all the way to the point a full sales license is granted.Hugo Alves, President of KWFLF, commented:

“Establishing Wheaton Licensing is a way for us to help these entrepreneurs succeed in achieving their goals while facilitating our participation in these great opportunities. The goal is to cultivate these companies to be investment-ready and form the next cohort of Cannabis Wheaton streaming partners. In a way, Wheaton Licensing is the future of Cannabis Wheaton."

Source:How is KWFLF benefiting from the Wheaton Licensing accelerator program? This support program allows KWFLF to book a place in the prosperous future of Canada’s regulated cannabis industry by taking a stake in the startups it supports through the complex licensing process.Chuck Rifici, CEO of KWFLF, stated:

“We are happy to continue to foster our mission of growth through diversity, and we believe Wheaton Licensing is a step in the right direction."

Source:It didn’t take long after KWFLF launched its cannabis startup accelerator program before entrepreneurs started showing interest. KWFLF announced its first Wheaton Licensing participant on September 22, and that was a startup called Kanata Earth Inc.Kanata Earth is a First Nations-owned management company seeking to participate in Canada’s regulated cannabis economy. At the time Kanata Earth got in touch with KWFLF, it had made one application to become a licensed marijuana producer in Canada and was in the process of submitting other license applications on behalf of several other aspiring cannabis producers from First Nations.That Wheaton Licensing drew Kanata Earth soon after it launched shows how positively aspiring cannabis entrepreneurs view the program and that also highlights the bright prospects of the program in terms of enabling KWFLF to take greater advantage of Canada’s regulated cannabis industry.Can KWFLF live its dream?Having a seductive business plan and unique growth programs is not enough if there are no funds to turn the dreams into reality.Does KWFLF have the capacity to actualize its dreams?Financing is not a serious problem for KWFLF and this is another beautiful component of the company’s narrative. KWFLF announced on September 18 that it was raising $35 million in additional capital by way of convertible debenture units. It said it would use the net proceeds from the fundraiser to fund working capital and general corporate purposes. In other words, KWFLF is boosting its war chest to enable it to continue supporting its streaming partners financially so that they can better capitalize on the opportunities in Canada’s regulated cannabis industry and in turn generate rewards for KWFLF and its shareholders.ConclusionKWFLF is a fantastic cannabis story that a savvy investor can’t ignore at this point in Canada’s regulated cannabis industry evolution.We will be updating our subscribers as soon as we know more. For the latest updates on KWFLF, sign up below!Image courtesy of Rodrigo Barraza via FlickrDisclosure: We have no position in KWFLF and have not been compensated for this article.