Summary
Liberty Health Sciences controls a key license for medical marijuana in the state of Florida.
The company is in the process of opening dispensaries and expanding medical marijuana expansion.
Key backing of Canadian based Aphria provides the support for quick market share gains in a rapidly developing market.
An interesting way to play the rapidly growing legalization of marijuana is Liberty Health Sciences (OTCPK:LHSIF). The stock recently started trading on the U.S. markets and already has a key license to operate in Florida providing a rare and attractive investment opportunity.
The backing of Canada based Aphria (OTCQB:APHQF) makes the company all that more intriguing. The ability to utilize proven techniques from Canada gives the Liberty Health Science a leg up in a quickly expanding market, but does it provide the impetus for an investment in the unknown company.
Creation Of Liberty Health
Through a $25 million investment, Canadian based Aphria that trades primarily on the TSX created what has become Liberty Health Sciences. The company made the following statement about the launch of Liberty.
Aphria used a special purpose private company called DFMMJ Investments LLC to purchase the assets of Chestnut Hill Tree Farm and a reverse merger with SecureCom Mobile to form the private company now listed under LHSIF that trades on the US exchange. Along with a $35 million investment from Clarus Securities, Aphria is now invested in a company with one of the few licenses to dispense medical marijuana in Florida where the demographics are very promising.
credit:seekingalpha.com
