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Bullboard - Stock Discussion Forum Gage Growth GAEGF

Gage Growth Corp is engaged in providing branding and crucial support services to affiliated licensed operators that produce, distribute, and sell cannabis and cannabis-related products in the State of Michigan.

OTCQX:GAEGF - Post Discussion

Gage Growth > $GAGE- huge growth potential
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Post by maysilverstone on May 10, 2021 5:44pm

$GAGE- huge growth potential

$GAGE, a Michigan-based cannabis company, up today 3.6%. Viridian Capital recently called it a buy with a target price of $4.25 while Eight Capital gave a $6.50 pt. Currently trading at $2.55, I'd say $GAGE is definitely worth buying into at this price.
 
Very bright future for this company:
- they have strategic partnerships with brands including Cookies
- a strong path to profitability (1,972% YoY increase in gross rev to $39.9M, significantly decreased net loss from -$75M to -$30M)
- high quality products with premier packaging art and dispensary designs
 
$GAGE will for sure be a leader in the Michigan market, which is one of the fastest growing cannabis markets. Looking forward to hearing more tomorrow during the Canaccord Genuity- Cannabis Virtual Conference going on at 12PM EST (May 11). 
Comment by AnalogueMan on May 11, 2021 12:39pm
AGREED.  But, so far, only retail in on it.  Some brave soul stopped the downward drift (slide) from $2.60 to $2.40 with a brave buy of 800 shares @ $2.42  at 11.17 am ET DARN .......... was hoping to pick up a few more below $2.40
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