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WeedMD Inc
He has been looking at this as it has become more attractive now. A mid-tier producer that has stagnated when a partnership did not materialize. They are involved in the specialty pharmacy business which could grow into the mainstream in the future. They could be bought out in the future.
WeedMD Inc

WeedMD will supply what’s sold in Haiku stores. Haiku could be one of the main brands in Canada. Might be an interesting way to play the private retail industry when legalization comes through. You expect private retail to take on more and more of the market.

WeedMD Inc

For his growth portfolio he owns HMMJ-T, which Canopy is a part of. He added a little more Canopy to top up. Buyer beware, it has a $9.5 billion market cap, making it a very expensive company to buy. He likes the management. He would like to see the Canadian banks get in favour of the marijuana stocks once it gets acceptance now that it is legalized. He thinks supply will exceed demand in Canada in the next few years ahead. He thinks there could be emerging opportunities in the US given the vast size of the market there.

WeedMD Inc

A recent article by a market analyst suggested Canopy (WEED-T) has an advantage with multiple provincial locations and about 5.6 million square feet of space including a 700,000 square foot facility in Quebec expected to be in operation by May this year. He guesses their capacity will be 270 million grams per year, which should project $1.1 billion in annual sales beginning in September most likely. They are a monster in this space.

WeedMD Inc

Haven’t got their sales license yet. They leased an old Imperial Tobacco property in Aylmer. All these stocks are trading on very high valuation, so he would be careful.

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WeedMD Inc(WMD-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for WeedMD Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

WeedMD Inc(WMD-X) Frequently Asked Questions

What is WeedMD Inc stock symbol?

WeedMD Inc is a Canadian stock, trading under the symbol WMD-X on the TSX Venture Exchange (WMD-CV). It is usually referred to as TSXV:WMD or WMD-X

Is WeedMD Inc a buy or a sell?

In the last year, there was no coverage of WeedMD Inc published on Stockchase.

Is WeedMD Inc a good investment or a top pick?

WeedMD Inc was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for WeedMD Inc.

Why is WeedMD Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is WeedMD Inc worth watching?

0 stock analysts on Stockchase covered WeedMD Inc In the last year. It is a trending stock that is worth watching.

What is WeedMD Inc stock price?

On 2021-07-15, WeedMD Inc (WMD-X) stock closed at a price of $0.275.