OIW Trust Associates LLC

Representation l Protection l Administration

Friday, December 22, 2017

Merry Christmas and Happy New Year!

Dear Clients and Acquaintances,

As this year comes to an end, we would like to send wishes to you and yours for a very Merry Christmas and Happy New Year!

However and wherever you choose to spend the Holidays, it is our hope that you will have fond memories for years to come.

Again, from our family here at OIW TRUST ASSOCIATES LLC to you and your family, best wishes for a Prosperous New Year.

Warm Regards,

Holiday Schedule

We are closed from noon Wednesday, Dec. 20th until Tuesday, Jan 2, 2018. We will be monitoring email and encourage you to direct any important matters to offshoreinwyoming@hushmail.com

Sunday, December 17, 2017

Iraq, The IMF and the Dinar

We have seen a surge of phone calls and emails about the Iraq Dinar and rumors again about a rate adjustment.

I will remind everyone that IMF and Iraq have a formal agreement  - a  $5.3 billion Stand-By Arrangement (SBA) for three years with the IMF where in which there is an agreement that the Dinar rate will remain unchanged.

The IMF met with Iraq officials Nov 17 - 21 to discuss preparation of Iraq's 2018 budget draft and they are making good progress. As soon as they finalize the budget, we will know if the IMF approves a Dinar valuation adjustment.

On another front, on July 23, 2017, Dr. Maher H. Johan, Acting Deputy Minister of Finance, and Ali Mohsen Ismail Al Allaq, Acting Governor of the Central Bank of Iraq, penned a Letter of Intent to Ms. Christine Lagarde Managing Director International Monetary Fund 700 19th Street, N.W. Washington, DC 20431, USA.

In part it stated...

1.  As you know, the Iraqi economy continues to suffer under the ISIS attack and oil price shock that hit the economy in mid-2014. In response to this double shock, the government has taken bold but necessary steps to put its public finances on a sustainable footing and welcomed support of the international community including our SDR 3.831 billion (about $5.3 billion) Stand-By Arrangement (SBA) for three years with the IMF as well as sizable support from donors.

2. As explained in the attached Memorandum of Economic and Financial Policies (MEFP, ¶¶15-17), all performance criteria (PCs) at end-December 2016 and one continuous PC were missed, and one PC at end-June 2017 was likely missed. The government missed these PCs because of the spending pressure flowing from the war against ISIS and the ensuing humanitarian crisis at a time when oil prices fell precipitously. This forced us to spend more in 2016 and pay less external arrears than programmed. The breach of the continuous PC related to the accumulation of external arrears in amounts of $2.5 million for almost two months at the beginning of 2017 and $157 million for several days at the beginning of July 2017, all of which were paid. Considering the temporary nature of these arrears, and the steps described in the MEFP to put the program back on track and improve cash management, the government requests waivers for the non-observance of the continuous PC and one PC at end-June 2017. We also request waivers of applicability for the four PCs at end-June 2017 for which complete information is not available yet.

3. The government has made good progress in meeting the structural benchmarks (SBs) for the second review of the SBA (MEFP, ¶20). In particular, we have completed the following SBs: the survey of arrears of the central government; the audit of arrears on non-oil investment and on wheat purchases by the Board of Supreme Audit;  the survey of guarantees issued by the central government; the external audit of the gross international reserves and the net domestic assets of the Central Bank of Iraq (CBI);  the external audit of the total public debt;  the circular sent by the Ministry of Finance requiring all spending units to record all existing commitments on current and capital expenditures; the posting on the Ministry of Finance’s external website of the financial statements of the Development Fund for Iraq and Successor Account according to international standards; the adoption by the Governing Council of the CBI of a new charter for the Audit Committee prohibiting CBI executive representation on the committee; the introduction to Parliament of amendments to the Law on the CBI to strengthen CBI governance and the internal control framework; and the issuance by the CBI of clarifying implementing regulations to remove the limitation on transfer of investment proceeds that gave rise to an exchange restriction. We have also made progress in the two other SBs—amendments to the 2011 law establishing the Integrity Commission, and report of all current and investment commitments by the Ministry of Finance—but need more time to complete them. We therefore propose to postpone them to, respectively, the third and fourth reviews.

4. In view of the difficulty in reducing the obligations outstanding for more than three months to IOCs to zero because of the lumpy size of oil shipments, the government proposes to raise the floor on these obligations to $500 million, starting in September 2017. The government also supports staff’s proposal to set the stock of these obligations as an indicative target rather than a PC starting in September 2017. The government also supports staff’s proposal of changing end-December 2017 PCs for the fourth review in line with the revised macroeconomic framework, and setting PCs for end-June and end-December 2018. The program would continue to have indicative targets on all the variables serving as PCs at the end of the first and third quarters of the year, which should ensure continued monitoring of program performance on a quarterly frequency and help ensure program performance remains on track.

5. Against this background, the government requests completion of the second review under the SBA and requests purchase of the third tranche of SDR 584.2 million (35.1 percent of our quota). The government commits to implement the economic and financial policies during 2017–19 described in the attached MEFP to gradually bring expenditure down to a level consistent with the lower level of oil revenues to achieve debt sustainability while maintaining the exchange rate peg, strengthening public financial management and banking supervision, and fighting money laundering, the financing of terrorism, and corruption. The government will protect social spending and commits to maintain such spending above a floor during the SBA. 

6. The government believes that the measures and policies set out in the attached MEFP are appropriate for attaining the objectives of this program and will take any further steps that might be necessary to that end. It will consult with the IMF staff on the adoption of such measures prior to any revision of the policies described in the attached MEFP. 

7. The government will provide IMF staff with any relevant information referred to in the attached TMU concerning progress made under the program.

8. The government intends to make public the content of the IMF staff report, including this letter, the attached MEFP, the TMU, and the informational annex of the staff report. It authorizes the IMF staff to publish these documents on its website once the Executive Board has approved this review.

Information and People For Diligent Outcomes!

Tuesday, November 14, 2017

Iraq Oil Revenue Not Enough For Sustainable Development

Oil revenues still are not high enough to allow the Iraqi government to fund the reconstruction of the country, according to Iraqi Prime Minister Haider Al-Abadi.

“Oil prices are not at the required level to be used for sustainable development,” state TV quoted al-Abadi as saying during a press conference.

Read the entire story at https://oilprice.com/Latest-Energy-News/World-News/Iraq-Oil-Revenues-Not-Enough-For-Sustainable-Development.html

Monday, November 6, 2017

Paradise Papers: Tax haven secrets of ultra-rich exposed

After explosive leaks from an offshore firm last year, others in the sector insisted it was a bad apple.

Now that claim can be tested.

A huge new leak of financial documents has revealed how the powerful and ultra-wealthy, including the Queen's private estate, secretly invest vast amounts of cash in offshore tax havens.

Donald Trump's commerce secretary is shown to have a stake in a firm dealing with Russians sanctioned by the US.

The leak, dubbed the Paradise Papers, contains 13.4m documents, mostly from one leading firm in offshore finance.

BBC Panorama is part of nearly 100 media groups investigating the papers.

How is the Queen involved?

Read the full story at http://www.bbc.com/news/uk-41876942

Sunday, November 5, 2017

Our Founding Fathers and Moral Decay

As churchgoers in Texas die today at the hands of another gun-toting monster,  as a strong advocate of the 2nd amendment, it saddens me greatly to admit that our Founding Fathers grossly underestimated the extent to which moral decay would overtake the "Great Experiment."

Fatherless homes and lack of structure and discipline is a large factor in the upswing in gun violence and disregard for human life. Human life...

Our killing fields, being 60+ million abortions stands as a testament to the level of disregard for human life that our moralless, liberal society has achieved and our country has tolerated.

America’s killing fields could easily draw a distinction to the many wars and conflicts around the world that have taken an estimated 1.1 million American lives but sadly that is not the case.
America’s killing fields are a number of sites throughout the United States where collectively it is estimated that 60 million souls have been killed and discarded.

The Liberal cause celebre - a nationwide cause celebre in 1970 was the right of a woman to have an abortion. The only beneficiaries of the Roe decision and the licensing of America’s Killing Field enterprise by the U.S. Supreme Court have been the abortion industry lead by Planned Parenthood, and the attorney’s Wedddington and Pitts Hames, who have gained considerable notoriety among the feminist and liberal politicians and Feminazi for their devotion to the cause of the American Killing Fields…Abortion!

The irony of it is that it all began with a lie. In 1987 Norma McCorvey told Washington Times columnist Carl Rowan that the Roe decision was based on false testimony. She admitted that her account of being raped in 1968 was a fabrication designed to invalidate the law. Instead, she confessed that she had become pregnant by her boyfriend.

Thursday, October 12, 2017

Is Iraq On The Brink Of Civil War?

For much of the past month, the Kurdistan referendum on independence and its possible implications for the region have dominated news headlines from the Middle East.

The fate of Kurdistan-controlled oil production and exports in the face of Turkish threats to cut off the main export route for Kurdish oil, and Iraq’s call to the neighbors and the world to deal only with the federal government—especially in oil sales and trade—pushed oil prices to a several-months-high at the end of September.  

The oil-rich area around Kirkuk—with the city currently under the administration of Kurdish forces—is the site where both the Kurdistan Regional Government (KRG) and Iraq’s state-held North Oil Company control oil wells. The dispute over Kirkuk and its oil fields could spark a civil war If the central government and Kurdistan leave the issue with the Kurdish push for independence unresolved, Iraqi Vice President Ayad Allawi said in an interview with The Associated Press earlier this week.

Allawi called for restraint from both the President of the Kurdistan Region, Masoud Barzani, and Iraq’s central government and its Iranian-backed militia, the Asa‘ib Ahl al-Haq, which are part of the Popular Mobilization Forces.

“The government claims they control the Popular Mobilization Forces. If they do they should restrain them, rather than go into a kind of civil war. And there should be a restraint on Masoud Barzani and the Peshmerga not to take aggressive measures to control these lands,” Allawi told the AP.

Related: Russia Gets Foothold In The World’s Hottest NatGas Discovery

The multi-ethnic city of Kirkuk voted in the September 25 referendum on Kurdish independence despite the fact that it’s outside the autonomous Kurdistan region. Kirkuk, however, has been administered by Kurdish forces since 2014, when the Iraqi army fled from the advance of ISIS and the Peshmerga took control of the city from the Islamist militants.

Following the overwhelming support for Kurdish independence in the referendum, the KRG is seeking dialog to resolve all issues and has not declared independence in any part of Kurdistan. Iraq, for its part, says that the referendum is unconstitutional, and urges Iran and Turkey to stop all commercial transactions with Kurdistan, especially in oil exports and sales. Iran and Turkey are also strongly opposed to any Kurdish breakaway, fearing similar moves by their own Kurdish populations.

The Iraqi federal government also plans to reopen an oil pipeline from Kirkuk to the Turkish port of Ceyhan that bypasses Kurdistan, to further pressure the KRG.

Not only Iraq’s neighbors oppose the Kurdish referendum. The U.S. and Western powers are also against it, fearing that yet another conflict in the Middle East would distract from efforts to push Islamic State out of Iraq and Syria.

The only major global power that hasn’t denounced the Kurdish referendum is Russia, and Russia isn’t giving up its oil and gas deals in Kurdistan.

At an energy panel last week, Russian President Vladimir Putin said “By the way, we have traditionally maintained good relations with the Kurds…We are not interfering. Therefore, our statements are weighed-up and careful, their aim is not to incite, not to escalate the situation”.

Just days before the referendum, Russia’s oil giant Rosneft said it would look into the opportunity to build a $1-billion pipeline bringing gas from Iraqi Kurdistan to Turkey. Rosneft—led by Vladimir Putin’s close ally Igor Sechin—has been intensifying links and deals with Kurdistan this year.

By Tsvetana Paraskova - Oct 11, 2017, 4:00 PM CDT

Sunday, August 13, 2017

Scoundrel Alert! Donaldson And Crithfield Found Guilty In Foster Dunhill Offshore Insurance Tax Evasion Case

As may of our clients remember, we have previously written about Stephen Donaldson, Sr's offshore escapades,  and promotion of him by Tennessee trust promoters and a Tennessee attorney during the time he was under federal indictment....and we were threatened by Donald's attorney for writing about it (which did not dissuade us one bit). We reported the attorney to the Tennessee Attorney General and the Tennessee Bar Association "cartel".

The Foster Dunhill program, as it was known (it actually involved quite a few companies but Foster Dunhill was the most prominent), was a widespread program of blatant tax fraud perpetrated by a number of individuals, including Stephen Donaldson, Sr., and Duane Crithfield. In essence, privately-owned American businesses paid exorbitant premiums for various insurance coverages to an offshore insurance company controlled, taking a deduction against income for the policies, and then the offshore insurance company purchased an offshore annuity or cash-value policy for the business owner to give them access to their moneys.

Flash Forward

Donaldson and Crithfield were indicted for tax fraud, and, as my second article discussed, eventually entered guilty pleas. After that article was written, however, a strange twist of fate occurred as the U.S. District Judge rejected their guilty pleas, and not too long after that the pair went to trial. At a bench trial wherein the judge made the findings of fact (as opposed to a jury trial where laypersons do that), the court on July 12, 2017, entered an Order which found Donaldson and Crithfield guilty of all counts of the crimes charged.

You can, and should, read the Order here.

Saturday, July 22, 2017

America's Asset-Forfeiture Scam Is Law Enforcement's Disgrace

Attorney General Jeff Sessions announced on Wednesday that his Justice Department will be restarting a federal asset forfeiture program that had been shut down by the Obama administration-a return to the storm-trooper days of anti-drug frenzy.

Atty. Gen. Jeff Sessions recently took a giant step backward in history and in basic principles of justice, and now he wants to drag the rest of the nation with him. The object of his strange nostalgia is the practice known as civil asset forfeiture, under which police confiscate private property from people they suspect of being drug dealers or other criminals.

The key word is “suspect.” Police agencies have long exploited loopholes in criminal law and procedure to seize cash, cars and other property without ever winning a criminal conviction or even, in some cases, filing a charge. In the past, police have simply taken property from travelers at airports or on highways after searches. In an outrageous reversal of American criminal justice standards, the owners bore the burden of proving their innocence in order to recover their assets.

A March report from the U.S. Department of Justice’s inspector general noted that the Drug Enforcement Administration has seized $3.2 billion in cash in the last decade from people never charged with a crime.

"Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of action and directed to a definite end."

Friday, May 12, 2017

What Attorneys' Don't Tell You - LLC and Revocable Trust Myths

"Wills, Revocable Trusts and Probate"

There is a significant disconnect between the hype and reality surrounding revocable or living trusts. Attorneys promote them as a probate avoidance estate strategy and because they are easy to organize (attorney like easy money) and NOT because they best serve clients (in our humble opinion).


"A revocable living trust is an alternative financial planning solution that allows your assets to be protected based on the unique situations of each phase of your life, without having to go thought probate."


The Prefatory Note to the Uniform Trust Code states that the “basic policy [of the Code] in general is to treat the revocable trust as the functional equivalent of a will. Similarly, its section 112 provides that rules of construction applicable to wills also apply “as appropriate” to trusts. While revocable trusts clearly are commonly used as will substitutes, fundamental differences between revocable trusts and wills support the UTC’s qualification of the basic doctrine that wills law should apply to revocable trusts.

So, there is legal precedent and a solid basis on which the facts shared with you are made, and the stage is set for you to fall victim to the Probate nightmare in some form or fashion.


"Because contesting a revocable trust after a decedent’s death is analogous to contesting a will, and because the UTC treats revocable trusts as the functional equivalent of wills, presumably standing issues in UTC jurisdictions will be resolved by reference to the law of wills."

If one of your Cupcake Kids or grand kids feel “shortchanged” or “stiffed” not only can they  contest a Will in Probate , they can now contest the Revocable Trust or other revocable structure.

"The LLC Myth"

Does frozen distributions and assets sound like asset protection? It is not! Frozen distributions and assets from temporary or permanent injunctions and enforcement of judgments through the LLC charging order (and every LLC has the charging order provision, some more worse than others) is the risk that you face if your LLC is successfully attacked and has insufficient or no insurance to protect against the particular attack.

Dunkin Donuts knows this which is why they have DD IP HOLDER LLC and Dunkin' Brands Group Inc. NASDAQ symbol (DNKN)
All of the intellectual property, such as the Dunkin Donuts name, logos, etc., are owned by a subsidiary (a holding company) known as DD IP Holder LLC.  Take a look at the side of one of their plastic cups.

Operating your personal affairs (and some level of business operations) in private unrecorded trusts has many advantages.

Wednesday, April 19, 2017

Getting In On Canada’s $30 Billion Marijuana Boom

A new commodity boom is coming to Canada. And this time, it is going to be a green rush.

Marijuana is expected to be legalized in the country this year. And the market could be worth nearly $23 billion or more annually.

The clock started ticking in April 2017. That’s when new legislation legalizing the recreational use of marijuana in Canada will be introduced. If approved, the law is anticipated to go into effect on July 1, 2018.

While other companies will be scrambling to catch up, one company has been quietly preparing to meet Canada’s appetite for cannabis. Invictus MD (TSX:IMH.V; OTC:IVITF)—has been building a diversified cannabis company. And it is ready to capitalize on Canada’s newest cash crop.

Fulfilling a Cannabis Campaign Promise

Legalizing marijuana was one of Canadian Prime Minister Justin Trudeau’s most controversial campaign promises. It helped him win the youth vote in the 2015 election.

Under the bill’s provisions, the country’s federal government will oversee supply and licensing of marijuana. Canada’s provinces would then decide how marijuana should be distributed and sold. Provinces will also set prices.

Canada’s pending marijuana legalization at the federal level isn’t much of a surprise to the country’s citizens. But investors have mostly ignored this important cannabis milestone.

Instead, cannabis investors have set their sights on the U.S. market and state marijuana mandates.

Delivering High Returns

Marijuana legalization has been minting millionaires for years. And 2016 was another lucrative one for American marijuana investors.

Medical Marijuana, Inc. (OTCBB: MJNA) was a massive winner in 2016. Shareholders of the pot stock pocketed over 412 percent in 2 months.

But that isn’t even the most impressive gain.

The share price of American Cannabis Co. (OTCBB: AMMJ) sky-rocketed during 2016. Its stock rose an astonishing 1,610 percent in just a few short months.

But these triple digit returns are becoming harder and harder to come by in the U.S. The cannabis bull market has stalled. It may even be dying.

That’s because U.S. Attorney General, Jeff Sessions has publicly opposed state marijuana legislation. Since marijuana has not been legalized at a national level, he’s even hinted at enforcing federal laws in states where marijuana is currently legal.

Until now, investors have largely ignored Canada’s cannabis opportunity. But that’s about to change.
Very soon, these investors will look north of the border to find their next cannabis cash cow. By then, the next Canadian marijuana bull market will have already begun to heat up. And when it does, it will likely be bigger than the U.S. run was.

A Budding Multi-Billion Dollar Industry

If the U.S. federal government decides to roll back state marijuana laws, U.S. marijuana market growth will undoubtedly slow. The $50 billion in sales that some have projected won’t be met. Worse, the market may even shrink.

But since Canada is legalizing cannabis at a national level, Canadian marijuana companies don’t face the same risks as their American peers. And the Canadian market is still a massive one.

A new study suggests that legalized recreational marijuana could create a $22.6 billion industry in Canada. Marijuana sales could top those of beer, wine and spirits combined. By 2021, there could be more than 3.8 million recreational marijuana users in the country.

That’s more than three times the $6.7 billion dollars of marijuana sales recorded in the U.S. during 2016.

That same study calculated that the Canadian retail marijuana market alone could be worth as much as $8.7 billion a year. And the ancillary market, including growers, fertilizers, testing labs, security and infused products, would generate annual sales of nearly $14 billion.

Add in marijuana-fueled tourism and these estimates could prove to be too low.

The total market will be huge, and Invictus MD (TSX:IMH.V; OTC:IVITF) has a first mover advantage to capture a significant portion of it.

Multiple Profit Channels

Founded in 2014, Invictus MD has spent the last three years creating an integrated cannabis company. And it’s positioned itself to be the first to market on several fronts.

Since it is still in its infancy, the sector is highly fragmented with many small players. Rather than inventing a cannabis business, Invictus MD is perfecting it.

Invictus MD was designed to roll-up the most promising marijuana industry businesses. It now focuses on licensed producers in Canada.

Today, the company’s businesses focus on two verticals: cannabis cultivation and cannabis fertilizer and supplies. This way, the company profits from the coming green rush by selling cannabis as well as from supplying “picks and shovels” to other marijuana prospectors.

Production and Cultivation:

In December, Invictus MD announced that it had reached an agreement to acquire a 33.33 percent stake in AB Laboratories Inc., a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations (ACMPR) and a 33.33 percent stake in AB Ventures Inc. AB Ventures Inc. is a newly incorporated company formed to develop a second licensed expansion facility on 100 acres in Hamilton, Ontario.

Based in Hamilton, Ontario, AB Laboratories owns facilities that grow marijuana. It received its cultivation license on October 21, 2016. The company expects its sales license to be issued during the second quarter of this year.

AB Ventures will close on its 100 acres of expansion land on May 1, 2017 at which time a 42,000 square foot cultivation facility will be built. Plans are in place to rapidly expand on that property once it receives its license to cultivate. AB Ventures/AB Labs is expected to grow its cannabis production capacity by 1900 percent in two years - from 1,000 kg in 2018 to 20,000 kg in 2020.

But AB Ventures/AB Labs isn’t Invictus MD’s only bet on the marijuana farm. Invictus MD (TSX:IMH.V; OTC:IVITF) will also exercise the option to acquire Acreage Pharms within 30 days of March 29, 2017, after which they will own 100 percent. Its potential cultivation capacity is even larger than AB Ventures/AB Labs.

Acreage Pharms has a 150-acre property able to accommodate a three-phase expansion plan. It received its ACMPR cultivation license March 29, 2017.

Under its three-stage expansion plan, Acreage Pharms plans to increase its cannabis cultivation from 3,000 kg in 2018 to 25,000 kg in 2020.

Upon completion of all Invictus MD’s expansion plans, the company will have the capacity to cultivate and sell in excess of 50,000 kg of cannabis. That will make Invictus MD one of the top producers in Canada.

And Invictus MD’s large geographic footprint gives it another advantage over the competition. Its cultivation facilities are spread across Canada. This enables the company to become a country wide cannabis supplier while significantly lowering its distribution costs.

Assuming an average selling price of $5 per gram, Invictus MD’s cultivation businesses could be generating annual sales of $350 million by 2020.

Today the market values Invictus MD at just a fraction of its future market co-leader. But Invictus MD isn’t merely a marijuana grower. It’s a marijuana grower supplier as well.

Fertilizer and Supplies

Future Harvest is Invictus MD’s cannabis fertilizer and supplier vertical. The 20-year old company was Invictus MD’s first acquisition.

Invictus MD (TSX:IMH.V; OTC:IVITF) acquired 82.5 percent of Future Harvest in February 2015. Future Harvest manufactures and distributes fertilizer and other products to the hydroponic and indoor growing industry.

Supply cannabis cultivation supplies is a high margin business. Especially since 95 percent of the products that Future Harvest sells are its own.

And the business is getting more profitable. During the seven months ending on January 31, 2017, Future Harvest reported that its gross profit margin was 51 percent - up 63 percent from the prior year’s same period of 33 percent.

But enviable margins aren’t the only way Future Harvest is benefiting Invictus MD and its shareholders.

A Cannabis Company First

Invictus Inc. paid $900,000 for its stake in Future Harvest - Sunblaster. In February 2016, the company announced it had sold Future Harvest’s Sunblaster grow lighting line for $5 million of which Invictus MD’s portion was $3.75 million. The sale netted Invictus MD a 316 percent return on its investment in just 11 months.

The company drove most of the proceeds of the Sunblaster sale back into Future Harvest. Invictus MD spent money on research and development, next to this, it acquired bottling equipment to further increase its fertilizer revenue.

Besides all expansion and R&D activities, Invictus MD also rewarded its shareholders. The company declared a $1 million dividend in November. It was one of the first, if not first ever dividend payment made by a marijuana company. The dividend was approximately $0.07 per share.

Seasoned Management Team Navigating an Emerging Industry

The legal marijuana industry is a new one. It’s highly fragmented with many small businesses attempting to create a new business model.

Most of these marijuana pioneers have little business experience and their profitability has suffered. But Invictus MD’s management team combines the best of both worlds. The company is led by seasoned business executives and cannabis experts.

Dan Kriznic, Founder and CEO

CEO Dan Kriznic is a proven and seasoned entrepreneur. He founded Invictus MD in 2014 to meet Canada’s demand for legal cannabis.

He’s built several successful businesses from the ground up. One of his most successful is Eminata Group, Canada’s largest private education and training provider.

He has also helped develop companies in the real estate, mining and senior care sectors. Under his watch, these companies have grown from nominal to over $750 million in enterprise value.

A CPA, Kriznic, adds a unique blend of financial as well as strategic acumen to the Invictus MD team.

Phillip Hague, Chief Scientific Officer and Horticulturalist

Phillip Hague is Invictus MD’s Chief Scientific Officer and Horticulturist. He joined the company in late 2016 and is responsible for expanding Invictus MD’s production capacity.

A leading expert in the cannabis industry, Hague has overseen over 1 million square feet of cannabis cultivation space in the U.S. He has designed, built and staffed some of the largest cultivation facilities in the U.S.

Hague has developed many of the most successful brands in the cannabis industry and his expertise is often featured in the media as well as industry publications.

An Undiscovered Marijuana Innovator

Legalized marijuana is coming to Canada. And Canada’s cannabis business is primed to become the largest in North America.

Largely ignored by investors, Canada’s cannabis market is about to come under the spotlight. The April 10th introduction of the bill to legalize recreational marijuana was the start. As the legislation moves closer and closer to becoming law, interest in Canada’s new industry will reach new highs. And early investors will have the chance to pocket big gains.

Invictus MD’s multi-channel cannabis model allows it to profit from both sides of the cannabis market.

It is building the facilities that will make it one of the largest in Canada. Sales could reach $350 million by 2020 – seven times Invictus MD’s current market cap.

At the same time, it’s solidifying its position as a preferred cultivation supplier selling the fertilizer and other products necessary for cultivating Canada’s newest cash crop.

2017 is shaping up to be a historic year for Canada’s cannabis companies. Multiple catalysts including approval of the new law and cultivation licenses issuances will drive investor interest in the sector.

Few investors have recognized the coming green rush in Canada, but they will. And it won’t be long until they see that Invictus MD (TSX:IMH.V; OTC:IVITF) has built a company primed to profit from it.


This communication is not a recommendation to buy or sell securities.

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our group newsletter and on our website may be based on end-of- day or intraday data.

Monday, April 17, 2017

Big Investors Backing A Marijuana Boom In 2017

Some of the biggest marijuana stocks in the U.S. have seen 1,000 percent gains over the past couple of years, and now it is Canada’s turn — where no one’s even looking.

Here, the minting of millionaires is going to be huge. Not only is medical marijuana already legalized across the country, but the Canadian government is preparing to introduce legislation in April 2017, fully legalizing the recreational use of cannabis by July 1st 2018.

Canadian small-cap Invictus MD (TSX:IMH.V; OTC:IVITF)—the FIRST licensed medical marijuana company to pay a dividend to shareholders—is set to make huge additional gains.

Here’s why:

• Legal cannabis is sweeping the nation
• The cannabis market is BIGGER than the combined sales of beer, wine and spirits.
• Canadian cannabis stocks won’t be cheap for long
• Canada’s first Marijuana ETF will soon launch... bringing even more attention to the sector

And there’s no province-by-province uncertainty in Canada—medical marijuana is federally legal, and in mid-April, the government is planning to put through its bill to legalize recreational use by next summer, so the urgency for investors is mounting.

You need to prepare now... before this happens.

It’s an industry Deloitte estimates could be worth $22.6 billion annually—again, this is far more than the combined sales of beer, wine and spirits.

Right out of the gate, Invictus MD, one of only 41 licensed producers, has demonstrated that it will lead the way. The company managed to raise CAD$12 million in only 6 hours in its latest offering, meaning it is cashed up and already generates dividends for shareholders.

Here are 5 Reasons to keep a close eye on Invictus MD (TSX:IMH.V; OTC:IVITF)—‘Canada’s Cannabis Company’:

#1 Nothing Beats Marijuana Stocks Right Now

Nothing moves a product out of the dustbin like legalization—and even better when it’s federal. Marijuana stocks have skyrocketed over the past year, with the seven largest ‘green giants’ soaring on the philosophy of a brand new world.

The shares of the medical marijuana producers more than tripled last year.

• AXIM Biotechnologies (NASDAQOTH:AXIM): exploded 1,720 percent
• Corbus Pharmaceuticals (NASDAQ:CRBP) was up 431 percent
• Aphria (NASDAQOTH:APHQF) grew 381 percent
• Aurora Cannabis (NASDAQOTH:ACBFF) was up 299 percent
• Canopy Growth Corp. (NASDAQOTH:TWMJF) up 259 percent
• Medical Marijuana (NASDAQOTH:MJNA) up 254 percent
• GW Pharmaceuticals (NASDAQ:GWPH) was up 64 percent

The smart money is investing too. Tribeca Investment Partners, a boutique fund manager, used bets on marijuana companies to help generate a 145 percent return over the year, according to Fortune magazine and Bloomberg. Nearly US$20 million of its investment gains in 2016 came from marijuana stocks, including Aurora Cannabis and Canopy Growth.

Things are about to explode even further with the launch of the first marijuana exchange-traded fund (ETF) in Canada, giving diverse exposure to this tantalizing sector. The Horizons Medical Marijuana Life Sciences ETF (TSX:HMMJ) will launch on the 4th of April on the Toronto Stock Exchange with 11 Canadian-listed stocks and four U.S.-listed stocks.

The frenzy surrounding Canada’s marijuana market is palpable, and will be even more frenzied with the looming recreational legalization bill.

This puts Invictus, which already has a license to produce, directly on the front line of a multi-billion-dollar market that promises massive new demand and very tight supply.

#2 The Right Acquisitions at the Right Time

Invictus MD (TSX:IMH.V; OTC:IVITF)—has an impressive head start on a market set to explode, with multiple projects in its Canadian investment pipeline. And it’s all about acquisitions.
The company’s dream team targets small- and mid-size companies with significant growth potential and directs their strategies towards profitability.

Recently, they’ve made some game-changing acquisitions at just the right time on the Canadian marijuana market: In total, these acquisitions were negotiated at a combined CAD$52 million, which is far less than the valuation of Invictus MD peers. In short; They are “cornering” the market at a low entry point.

The company owns over 33 percent in AB Laboratories Inc., which received its cultivation license last October. The catalysts here are mounting, with the sales license expected in Q2. This facility is already licensed for 100 kilograms and has a capacity for 1,000 kilograms, with active expansion plans underway.

Invictus MD is also in the process of closing its acquisition of 100 acres with AB Ventures Inc., and is targeting production here of 25,000 kilograms by 2020.

In Alberta, Acreage Pharms received its license to cultivate under ACMPR and has a purpose built 7,000 square foot facility and a 30,000 square foot expansion plan with an option to add a 20,000 square foot mezzanine. Invictus MD will own 100 percent of this project within 30 days of March 29, 2017.

It’s a brilliant set-up for a small-cap company with CAD$15.5 million in cash and 38 million basic outstanding shares.

#3 This is a Shareholder’s Dream

Invictus MD (TSX:IMH.V; OTC:IVITF)—made history right around Christmas by becoming, to our knowledge, the first marijuana producer in history to pay its shareholders a dividend. Why? Because “it made sense to give back to our shareholders who supported us”, according to Chairman and CEO Dan Kriznic.

It’s also why Kriznic himself has been rated one of Business in Vancouver’s ‘Top 40 under 40’.
The combination of smart and well-known management and the frenzy in Canada over marijuana has helped Invictus MD secure nearly CAD$30 million in the last four months. The first raise was CAD$12 million at $1.05, and the second was $16.2 million at $1.65.

Right now the company has a funded production capacity of about 10,000 kilograms which, compared to its peers, suggests Invictus MD is significantly undervalued.

Let’s put it another way: Invictus MD’s market cap to funded capacity is about 5 times the industry standard.

Prior to October, when it entered the license producer market, Invictus MD was busy acquiring all the ‘picks and shovels’ of the cannabis space. Invictus MD has made one smart move after another, and it’s always the ‘pick and shovel’ guys who have real longevity. First they acquired a fertilizer company that was cash-flow positive, and then they sold one of its lighting divisions for $5 million, having paid only $900,000 for it less than a year before. That’s how they managed their first shareholder dividend.

The No.1 Marijuana Stock For 2017

Canada’s Cannabis Boom is creating a $30 Billion Investment Opportunity for investors and this small company could explode upwards in the next few weeks as investors start to flock to the space.

They’ve been nurturing their shareholders along with their crops. Invictus MD’s focus on two verticals—cannabis cultivation and cannabis fertilizer and nutrients—gives it a competitive, low-cost advantage on this playing field.

Now they’ve got prime real estate to add to their portfolio, and this is one cash crop that’s going to keep growing.

#4 Savvy Management on the Market Fast Track

Invictus MD is on the fast track to the market, with many strains already approved by the Canadian health authorities.

And these strains reach in to every market. Those include high THC strains used to help with pain management and cancer, and high-CBD strains used for epilepsy and anxiety disorders. And when it comes to recreational—the company is gearing up to work on all strains available.

This combined with its tight capitalization structure and access to capital make this a prime breakout target over the coming weeks and months.

They’re also not new to this game. Invictus MD isn’t just jumping on the green train at the 11th hour; it has been laying the ground work for a very smart expansion strategy.

Kriznic has turned $10-million companies into $150-million annual revenue generators. They’ve got a license to grow in more ways than one, and while they might not be a ‘green giant’ just yet, their undervaluation suggests they could be.

#5 Massive Demand, Unleashed

The fundamentals are clear—demand is set to further explode once recreational use of cannabis becomes legal.

Where does this leave us with supply? Playing some serious catch-up, which is a producer’s dream. In Canada, legalizing recreational marijuana could result in demand of about 400,000 kilograms of cannabis in its first full year, according to Canaccord Genuity analysts. And that’s just for recreational use. Demand for medical cannabis is also growing at a significant pace, and the total combined demand for the first year could be 575,000 kilograms.

Source: New Frontier Data

Arcview Market Research of San-Francisco predicts that legal marijuana sales will reach close to $22 billion by 2021—up from nearly $7 billion last year. That’s an annual growth rate of 26 percent, and it’s in line with Deloitte’s own estimations. But while U.S. producers are facing a time of uncertainty thanks to Trump rumblings against legalization, in Canada, stocks are soaring and the future looks golden.

In Canada alone, Canaccord Genuity predicts that the recreational marijuana industry could reach $6 billion in sales by 2021.

Legalization is coming, and marijuana stocks are set to explode even further—and stay there. This market will reach its tipping point in the summer of 2018, but by then, Invictus MD (TSX:IMH.V; OTC:IVITF)—will already be solidly among the green giants.


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