STT Weekend Lounge 1-3 May 2015, page-49

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CMY: Capital Mining Limited
Last traded SP: $0.004
Market Cap: $5m
Shares on issue: 1329.16m
Industry: Materials

• Capital Mining Limited (CMY) to acquire up to 49% of a Canadian licensed grower, manufacturer and distributor of medical cannabis products, Broken Coast Cannabis (BCC)

• BCC is currently producing medical cannabis and generating revenue from sales.

• Customer base growing at 20 retail patients per day plus increasing wholesale agreements.
• BCC receives annual License renewal

• BCC signs two wholesale contracts valued at C$1,435,000

• CMY’s investment to fund increase in production capacity and growth in sales network.

• CMY also to acquire 100% of Cannan Growers Inc (CGI)

• Canada’s medical cannabis market to grow beyond CAD$1.3 billion in sales annually.

• CMY to acquire 100% of U.S Hemp based products company NUTRAWERX INC.

• Appointment of new CEO Michael Sautman. An industry renowned medical cannabis expert in the areas production, sales and distribution. He has over 25 years of experience in natural product manufacturing.

BCC currently has the capacity to produce 720,000 grams of cannabis annually. Through the proposed investment by CMY, BCC intends to increase production to 2,000,000 grams. Receiving between CAD$7-$10 per gram.

Nutrawerx projected to achieve significant market share of the USD$580m Hemp retail Market within 3 years. Nutrawerx has entered into a JV with Marketing Management INC (MMI) to develop branded mainstream Hemp products. MMI has a comprehensive list of Multi Billion dollar, high profile distribution companies.

Cannan Growers Inc (CGI) are experts at compliant production methods for obtaining Medical Cannabis Licensing.
All 3 acquisitions complement each other, they set CMY to become turnkey market leader of Medical Cannabis and hemp based retail space.​