Robert McWhirter
LGC Capital Ltd.
LG-X
WEAK BUY
Oct 11, 2018
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.
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.
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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.