GTEC Holdings Inc.

GTEC-X

Analysis and Opinions about GTEC-X

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Opinion
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COMMENT
COMMENT
September 25, 2019
They sold off because they tried to buy a Canopy facility and the market was unimpressed. They didn't do it to avoid diluting shareholders. There are 3 million kilos of capacity coming onboard from all Canadian cannabis suppliers in the next 12 months. This will continue to pressure prices. However, GETC produces quality strains and eventually this will allow premium pricing.
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GTEC Holdings Inc. (GTEC-X)
September 25, 2019
They sold off because they tried to buy a Canopy facility and the market was unimpressed. They didn't do it to avoid diluting shareholders. There are 3 million kilos of capacity coming onboard from all Canadian cannabis suppliers in the next 12 months. This will continue to pressure prices. However, GETC produces quality strains and eventually this will allow premium pricing.
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