Opinions
Bruce Campbell (2)
LGC Capital Ltd.
LG-X
WATCH
May 10, 2018
$0.150
Stock price when the opinion was issued
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WEAK BUY
It is a company that invests in cannabis opportunities. The most recent is in Australia where it is one of the few companies that is licensed there. They also announced a deal in Jamaica where production is coming on line. It is a reasonably diverse way to participate in the space, but he thinks there are better opportunities in the near term.
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They have made acquisitions around the world. They are trying to build a global cannabis company. We need to see some execution from management and some cash flow from all these investments.