RE:RE:RE:BNN short Q&A. GLH
cellone wrote: with momentum today looks like many investors breaking their rule so they don't miss out - initially investors were doubting revenues were $1.5M monthly but I'd say confidence is building, that or someone leaked Q3 report. I'd still hold CGC, it's the leader for Canadian LPs but the billion-dollar companies will be American
Fabrice Taylor tells marijuana investors to look South. Liberals have some top priorities before legalization so The President’s Club likes the opportunity with Golden Leaf Holdings in Oregon. There is more consumption of cannabis products in Oregon alone than Canada
"Blue Chip management" -amazing CEO with an expertise in packaged goods – Don Robinson ran Mars Canada and Cara
https://www.bnn.ca/Video/player.aspx?vid=751157
Fabrice sees the challenge in expanding and getting licensed state by state rather than federally like here in Canada. GLH is not profitable and will continue to consume cash as they grow their business.
I still have lot of cash on hand now.
I am waiting the earning report. I want to see the details. Right now, I have 27K shares in GLH. Next week, if the financial data fits into my expectation, I will buy much more.
The problem for cgc is that, it just could not
sell. And its peers are getting closer. The combined revenue of Aphria and Mettrum is 20% bigger than cgc now. So, cgc has no way close to 30% market share even after it has merged three different companies. My mid term view for cgc just turned bearish after the earning report details.
glh's revenue is astonishing good. We should look into the earning report to see its protentials.