Post by
StockMonster99 on Jan 01, 2019 1:18pm
Predictions 2019??
Just curious to see how you guys think the pacific parnership trade agreement will affect the CAD market in the next few weeks-months? Thoughts on pot sector in 2019?
Happy new years to all and best of luck in your investments!
Comment by
sotypical on Jan 01, 2019 7:55pm
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Comment by
FXtheknob on Jan 01, 2019 10:56pm
I agree with that sotypic. over production could happen by mid to late 2019. some of the small micro producers such as hip will need to perform and get bought out before that time or it's teets-up. JMHO
Comment by
EagerBeaver1972 on Jan 02, 2019 7:37am
Agreed. However I think HIP will be particularly attractive with Q4 profit (hope so with the stockpiling they did), tripling growspace by Spring, and six provincial deals. Only concern for future is at 37000 kg/year, it really is a small producer that can get lost in the shuffle. I think there will be M&A in this space
Comment by
Stockmoves1 on Jan 02, 2019 8:29am
small enough to be taken out and big enough to be an attractive takeover at multiples higher.... lol...
Comment by
SKL6600 on Jan 02, 2019 7:58am
HIP doesn’t need more than they will have for production space in my opinion. The big boys are going to have way to much in my opinion and HIP will have just the amount they need. This is me hoping.
Comment by
Jack4000 on Jan 02, 2019 8:39am
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Comment by
mozzarella on Jan 02, 2019 9:53am
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Comment by
Stockmoves1 on Jan 02, 2019 9:59am
Ggeeman check inbox.............