Hello all longs. A decent board and thanks some of you for your informational posts.
after a brief bit of DD i picked up 100k shares @ .069 - Seems like a good one to add to my LTH basket. it's risky but they are earning good money, reducing shares / float, big growth potential with progress to full legalization USA/CAN on our side.
I also like their transparency approach and PCAOB approved auditor/consultant. looks like they have taken care of the despicable converting note financing so that will keep the trading share count down. not sure how to valuate the non trading preferred shares and how that might affect overall share price.
also looking at other plays in the emerging CBD space and picks/shovels - for example WEED, APHQF, HEMP, AGTK, INSY with GRNH as an infrastructure play
I really like that this entire sector is at or near stock price lows while earnings / growth have been ramping up. good to be early on these stocks before the rest of the market money comes stampeding back. and it will, when they get tired of the FAANG / chip stock craze.
BTW I'm also very long on TRXC as an incredible huge money play in the surgical robot arena. Transenterix Inc. go have a look to see what i mean. pure goldmine in waiting. for example of potential see ISRG, their competitor, who used to hold monopoly. 20b/yr market growing to 60b, and only these two companies are FDA approved in laparoscopic bot arena. no further competition for 3-5 years min.
Also like some of the emerging drug stocks as that sector is quite beaten down as well. For example holding APRI in advance of February's data readout.
