RE:CGC and other ogi, metrum, etcsmoosa wrote: Hello everyone, long time lurker first time poster. I would like your thoughts on CGC vs the other's in Canada knowing that the PM is in process of legalizing the industry. With ER upcoming on the 26th for CGC is it too late to hop on the train here? Also do you guys like CGC over the others like OGI? What happens if the industry does not get legalized? Any insite would be appreciated, thanks.
It will be legalized. But if it is not going to be legalized in 48 months, three out of five of the public LPs will be real penny stocks(worth nothing).
You should wait till Nov 27th. If the earning is bad, cgc will go to 1.8$ per share. If it is good, it will be 2.4$(before it, it will go to 2.05 ~ 2.20$ range). This is how view it. Just an opinion for your consideration.