Growgeneration Corp (GRWG)

[Svyable]

Again I agree with you, but perhaps you discount their few advantages against the rest of the cannabis stock field.


1. Merida & Gotham Green & (I think) Navy Capital - They have backers with money to play with, esp money looking for ancillary investment. Its public knowledge that Merida is raising round 3, probably closing soon and a likely place for it to land is GRWG.

2. The heavy gardens web platform - margins will obviously improve if online sales drive their numbers going forward.

3. Intl expansion - the Canadian expansion may over perform

4. Finally, I think indoor/urban grow trends may accelerate world wide.

These factors make me a buyer/holder at this valuation (~100m give or take?). Once this thing gets unicorn status I'll sell for good.