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Friday, August 06, 2021 10:47:15 AM
https://www.newcannabisventures.com/canadian-cannabis-sales-increased-68-in-may-to-313-million/
Large LPs Lead Canadian Cannabis Stocks Lower by Nearly 10% in July
https://www.newcannabisventures.com/large-lps-lead-canadian-cannabis-stocks-lower-by-nearly-10-in-july/
The whole Canadian Cannabis Index is down. To me it's a good time to accumulate Heritage and others before they reach profitability. Personally I was very impressed with CANN's last $4.6 million quarter, and liked their projection of continued increases going forward.
The Bloom acquisition if it happens will add revenues, plus the Merida partnership in the US sounds even more lucrative to me. Limited license states can be goldmines.
Heritage has lots of irons in the fire which means frequent company and product developments. Hopefully the new CEO will keep us well informed with press releases and interviews. Clint was always good about that :)
Cannabis stocks may be down, but cannabis sales are way up. Still bullish this sector will turn around post pandemic. imho glta
Posts are my opinion only, and not advice of any kind. glta
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