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Thursday, March 05, 2020 5:15:05 PM
My personal reasons to wit:
1. Labs first mover advantage for international growth. Far ahead EU GMP ( look at the time it has taken LABS) valens process , not in first gear unless I’m missing something...
2. Labs is financially paid up already for Australia... valens has not spread its wings out of Canada, where and when is the money coming from??? How long to build and grow internationally?
Valens is using its money for stock buybacks
3. Canada Market is a mess, LP’s are a mess and is there too much product right now , only time will tell. Personally, I’m not seeing the big money in beverages (VAlens) I do see Pharma/ medical (LABS)
4. And, what happens to the broke of graveyard cannabis companies with long term contracts. We seen what happened to Labs. Valens has; HEXO, TGOD, SUNDIAL, Tilray . Yes, as we’ve seen who can be trusted for both Valens or LABS.
Of course both are profitable and best cannabis stocks but got sick of juggling both and LABS too cheap. GL gang
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