RE:Friendly, educated opinions???Hi Since,
Ahh Australian Weed. My favorite topic these days..
I own both Auscann and MMJ.
I bought a wack of AC8 simply bc of it's association with Canopy. I like it's leadership position and the street cred Canopy affords it. The Aussie's are all talking takeover of Auscann (AC8) by Canopy. I"m not so sure. There are 23 million Aussie's plus 4 million Kiwis and 52 million in South Africa (the next logical Commonwealth/Western country). So I would be a decent market but from the WEED CEO and Prez directly, they were focused on Europe & South America. They have significantly larger population bases..
I bought MMJ as I like their Canadian and Swiss operations. Plus their Phytotec Pharma ops - I believe epilepsy & spasticity drug trials in phase 2. I would imagine they'll have a license to grow soon in Australia. I got into them bc they'll own 61% of Harvest One shares. Plus they have Gelcap sales in continental Europe. They are increasing the marketing thereof and have hired an industry veteran to run the Euro ops/sales.
In my simplistic mind, AC8 and MMJ are WEED and APH. Coke and Pepsi.
Further discussion question: When Harvest One goes public, is MMJ stock instantly worth more? They would have a tangible, quantifiable asset. Would that therefore not directly translate to increase share price? Discuss.
BH