http://www.cantechletter.com/2016/07/four-canadian-medical-marijuana-stocks-buys-says-pi/
The company, which has facilities near the Greater Toronto Area, has three licenses to sell dried marijuana and recently secured a license to sell cannabis oil extracts.
Zandberg says Mettrum has already shown success at outreach, with the fastest client onboarding of any licensed producer.
“Mettrum has been very successful at working with medical professionals to build an impressive database of registered patients,” he says. “In June 2016, the company announced it had 12,099 patients register – a 300% increase in the last 12 months. The key to success is, of course, translating those patient numbers into sales and during FY16 (ending March) MT has an average consumption of 0.51 grams per patient per day (below Health Canada’s industry stats which suggest 0.71 grams per patient per day). ”
Zandberg has a “Buy” rating and a one-year price target of $3.50 on Mettrum Health Corp.
Recent MT News
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- ArcelorMittal completes sale of ArcelorMittal Temirtau • GlobeNewswire Inc. • 12/08/2023 07:40:00 AM
- ArcelorMittal S.A.: ArcelorMittal announces financial calendar for 2024 • GlobeNewswire Inc. • 12/05/2023 09:30:00 AM
VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • VPRB • Apr 19, 2024 11:24 AM
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