Opinions
Chris Damas
ABcann Global Corp.
ABCN-X
DON'T BUY
Aug 31, 2017
$0.860
Stock price when the opinion was issued
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COMMENT
Future? Produces plant-based medicine. They’re smart, likes the management team because of their pharma experience. Oversupply still to get through, but if you’re willing to look beyond the next year, stick with it. If you’re worried about storm clouds, put your money into a high-yielding energy stock, or another commodity, and then come back in later in 2019.
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He thinks the smaller and intermediate producers are going to have a tough time making money in weed as the big 4 continue to lower costs and raise capital at lower costs.