On the other-hand, USA legalization will be a boon to Valens shareholders. They are well positioned to turn USA acquisitions into THC selling product companies.
They will also benefit from being able to set up operations in each country to product what they currently produce in the other. Their SKU portfolio in each country will expand dramatically.
The Indiva bet is can the edibles sector continue to expand in real dollars, and as a percentage of THC sales in Canada, while they maintain their lock on selling nearly 50% of all Canadian edibles.
If so their PPS rises to over 50¢ and I have a double.
$5.95akadawson-m Thursday, 09/09/21 07:19:18 AM
Re: FUNMAN post# 353
Post # 354 of 354
Funman: I appreciate your posts but some Canadian cannabis companies, while tops in their market and holding their own, are really just treading water.
Look at Valens.
Same alibi, same story.
Indiva is 41 cents while Valens is 2.13.
Will US legalization help them?
I guess we will wait and see.
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