Europe deal sounds pretty good. Emmac is just about net profitable with the European market about to grow larger than the US. Will be easy to plug in all the highly formulated products into all of Europe with this acquisition. I’m a fan of the move
"The pandemic has been a real game-changer for the #cannabis industry."@Boris_Jordan Chairman @Curaleaf_Inc sees major growth opportunity in #Europe despite slow legislation compared to the US.— Julia Chatterley (@jchatterleyCNN) March 11, 2021
"In England alone, month on month, the patients using cannabis are growing by 40%." pic.twitter.com/LDkCfmvMnZ
Not saying I trust technicals on penny stocks, but this was the highest weekly close since August 2018. In the land of technical analysis we confirmed a weekly breakout today. Normally that would indicate a retest of the prior highs around .30 coming over the next few months, we’ll see how it plays out!
Idk what Volkman is smoking, but guidance is for $250m next quarter. Even if growth stagnates, which is highly unlikely, they should be able to hit a billion next year.
Add in NJ and AZ rec for most of the year and they should blow past a billion no problem. Not to mention the rest of the northeast that will likely follow NJ’s lead and go rec as well in the coming year or two.
Plus with THC beverages coming and the nano products, that niche market he’s referring to could drastically expand beyond traditional weed smokers.
I wouldn’t be surprised to see a $2 billion run rate for 2022
CEO is not booted, he was an original founder and has handled the expansion far enough to hand off the reigns and is choosing to not deal with the day to day headaches anymore. Still on as executive vice chair, not booted just promoted I think is the way to be looking at it
New article out on Reuters! Sounds like Delfin is in talks with multiple buyers and plans to make FID next year.
Just came across this company this morning. With Israel legalization well under way it looks like this company has a lot of potential IMO.
A few years ago I remember when Canada was around this stage of legalization. If Israel is gonna follow that trajectory this stock will skyrocket in the coming years.
It looks as though Isracann is one of the only vertically integrated players there and looking to dominate the export market into the EU. With only a $42M market cap currently this looks like it could have a long way to run if they can execute on their plans. I will be looking for an entry this coming week. Very excited to see how things play out here!