(A Top Pick Jun 27/19, Down 91%) It has been a huge disappointment. He sold it out some time ago. He went back into it now and thinks the turnaround is in place. They re-capitalized the business. They produce a real high strain of THC flour. In 2021 they feel they will be trading at one times revenue. There could be an opportunity here.
Their executives have worked in consumer branding and packaging. They're based in California and are a recent RTO which usually triggers a sell-off. Trading at a cheap 2.5x next year's EBITDA vs. 15x its peers. Really cheap. They want to buyback stock. He expects them to be taken out down the line.
Indus Holdings is a Canadian stock, trading under the symbol INDS-CN on the Canadian Securities Exchange (). It is usually referred to as or INDS-CN
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On , Indus Holdings (INDS-CN) stock closed at a price of $.