Valens Groworks Inc. (VGW.CN) Buy, Sell or Hold

Valens Groworks Inc. (VGW.CN)

3.96

-0.05 (1.25%)

as of Jul 10, 2019, 12:49:20 pm Market Open.

25 watching

PAST TOP PICK

(A Top Pick Mar 15/19, Down 24%) He still holds it in the portfolio, but had taken some out at $4 per share. He is looking to add to the cannabis sector again following the consolidation. He holds an $8.25 target. They are producing a CBD and THC beverage.

PAST TOP PICK

(A Top Pick Mar 15/19, Up 24%) Takes profits when it gets over $4, but still holding. Likes the sector, as it's a new industry with plenty of room to grow.

PAST TOP PICK

(A Top Pick Dec 12/18, Up 104%) They are working on extracted products. He thinks they will continue to accelerate going forward.

COMMENT

An extractor of cannabis. In America, the vape market is growing the fastest as smoking dry flower declines. VGW has built extraction expertise in different lines of extraction (CO2, ethanol); they have the only facility to extract butane in Canada. They're increasing their facilities to produce a gel-cap line, which will sell to the pharmaceutical side. They will continue to gain market share.

TOP PICK

This is his first entry into the weed sector. These guys are extractors and therefore the margins are higher. They are just getting going in revenues and he expects they will be taken out. They have all their licences. Yield = 0.0% (Analysts’ price target is $5.63)

TOP PICK

These guys are focused on extraction in the cannibas space. Over 50% of the US business in this space is focused on extraction and the thinks Canada is headed in this direction. They have signed a number of supply agreements and thinks the stock trades cheap. They have a partnership that produces water-soluable technology which would allow them into the beverage space. Yield 0%. (Analysts’ price target is $4.50)

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Valens Groworks Inc. (VGW.CN) Frequently Asked Questions

What is Valens Groworks Inc. stock symbol?

Valens Groworks Inc. is a Canadian stock, trading under the symbol VGW.CN (previously VGW-CN on Stockchase) on the Canadian Securities Exchange (undefined). It is usually referred to as or VGW.CN

Is Valens Groworks Inc. a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on VGW.CN (previously VGW-CN on Stockchase) on Stockchase. Read the latest expert commentary for Valens Groworks Inc..

Is Valens Groworks Inc. a good investment or a top pick?

Valens Groworks Inc. was recommended as a Top Pick by Bruce Campbell (2) on 2018-12-12. Read the latest stock experts ratings for Valens Groworks Inc..

Why is Valens Groworks Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Valens Groworks Inc..

Is Valens Groworks Inc. worth watching?

Valens Groworks Inc. is followed by 25 investors on Stockchase and is a trending stock that is worth watching.

What is Valens Groworks Inc. stock price?

On 2019-07-10, Valens Groworks Inc. (VGW.CN) stock closed at a price of $3.96.

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Valens Groworks Inc. (VGW.CN)