$CBD.u rated strong tax-loss buy by Sophic Capital! Solid article from Sophic Capital on Canadian micro and small-cap stocks given tax-loss season is upon us. It might be devastating for some but can only be a huge opportunity for others looking for potential buying opportunities.
HempFusion Wellness ($CBD.u $CBDHF) was listed as one of Sophic's strong tax loss ideas (based on companies that can grow their business at rates in excess of their costs of capital)!
Citing their recent acquisitions of top-selling CBD brands in the USA and Ontario, retail distribution footprint, regulatory compliance, and revenue guidance, Sophic sees multiple reasons to invest in $CBU.u.
Plus, $CBD.u completes their tax-loss checklist with strong distribution and top-line growth.
$CBD.u is looking like a strong buy IMO, plus a regulatory change would be a significant industry catalyst to drive revenues higher.
Would definitely recommend checking out the article for a better overview of $CBD.u and why to invest
https://sophiccapital.com/a-particularly-taxing-time-for-canadian-micro-and-small-cap-stocks/