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Bullboard - Stock Discussion Forum Orchid Ventures Inc ORVRF

Orchid Ventures Inc is engaged in product development, branding, manufacturing, and distribution of vape products containing cannabis. It is a cannabis brand with THC and CBD product lines. Some of its vape products include Orchid Gold, Orchid Classics, Orchid Vibes, Orchid Roots and The Beast Orchid's Battery. It operates in a single geographical segment, which is North America.

GREY:ORVRF - Post Discussion

Orchid Ventures Inc > ORCD price will do 0.15-0.16 very quickly, imo
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Post by flight100 on Jul 28, 2020 10:56am

ORCD price will do 0.15-0.16 very quickly, imo

Given two news of 1 & 2 mil sales over two months in this market environment is very positive. If ORCD can keep of 2 mil sales every month, that would be 24 mil sales per year. For a company with a relatively low share structure, I wouldn't be surprised to see the price in 0.50-0.60 with in the next 6-7 months. 

Also, if you look at the ask side, the stock price can quickly move toward 0.15-0.16 from here.
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