Stock price when the opinion was issued
This has a couple of interesting aspects. They have great genetics, and genetics are really important. If you are going to go recreational, you need a marijuana seed that produces a high quality product. They just doubled their 15,000 ft.² facility and will have a big expansion on their property. He likes this company.
Used to own it. Management has raised money well and focused on expanding theiR operations in Europe, supplying medical marijuana there, where they can fetch much higher prices. Will be interesting to see if they can get more licenses to sell there. Europe is a bigger market than the U.S. and Europe is more progressive. So, them gaining a beach-head in medical cannabis will help to capture the recreational market.
They just broke ground on the largest indoor grow facility. They have genetics that are superlative. They are not selling their seeds. He expects them to be a big recreational competitor. First Nations may represent a huge opportunity for Marijuana. It seems to be bottoming out here, but he would be cautious.