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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Post by wanttoretireearlyon Mar 06, 2020 3:41pm
93 Views
Post# 30777155

Is it?

Is it?Is this a reversal? Was $0.08 the bottom? If so I guess adding at $0.09 or even up to $0.12 would be a robbery. 
ZENA has a lot of floor area, not all operating yet so not much workforce required thus less spending on wages. They nooked 50 or so positions last year, again less spending. They did restructing. They had some bad news last year as well. Greenhouse certification failed in EU. But. 
ZENA looks as if it was passed their remodeling and restructing and adapting to a new market. 
Risk is there but the reward is so much greater. The stock does trade on good volume. The price reflects many factors but how well the company is doing now and what it went through to repair the damage caused by people working for the company and people on social media when it was back last year is not one of them. The stock is way undervalued so yes I think it's a steal at this price. But that's only my opinion.

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