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Biome Grow Inc C.BIO

Alternate Symbol(s):  BIOIF

Biome Grow Inc is a Canada based company engaged in the medical and recreational cannabis businesses. Along with its subsidiaries, the firm is engaged in the cultivation of marijuana plants, dried marijuana and marijuana seeds. The company through its Weed VR platform connects customers with growers and distributors as well as retail partners.


CSE:BIO - Post by User

Comment by Benedictuson Mar 30, 2020 12:19am
187 Views
Post# 30858798

RE:Great day for the sector

RE:Great day for the sector

At this point Biome lives or dies by highland grow. Most of Khurram's grand plans had to be sidelined. It's a bifurcated market as liquidity has dried up. Most small players are going to shrivel and die on the vine while senior debt is funding the top tier players that are going to take the lions share. The reality is biome at this stage looks like either a potentially cheap buyout if highland grow can continue to be successful or biome slowly dies on the vine. 

In terms of stock movement, the entire sector has collapsed so it will take a protracted recovery amongst the sector leaders before any of the minnows like biome will catch a bid. All imo. 

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