RE:Am I right or am I wrong? Please tell me…Agreed. I have always treated this sector as a micro of my major portfolio and well diversified. CGC down a bit day .... others including MT up. MT has their hemp line that facilitates advertising and they are sole source to their area of the Amplitheatre and that Amplitheatre will be a spring, summer, fall non stop party when Canada turns 150 in 2017. Point is, a well diversifed portfolio cannot go wrong .... OGI has government backing ... so when one has SP drops ... others seem to offset ... GLTA
neoneil wrote: CGC is a group of companies with the ability to compound wealth over time.
CGC continues to increase their patients base faster than their own forecasts.
CGC continues to increase production capacity and looks for innovative ways to be competitive such with Snoop Dogg and sponsoring the 2015 Jamaican & World Cannabis Cups that took place in Negril, Jamaica back in December.
CGC cost structure has increased. This makes its positive cash flow target even more far off.
CGC is ahead of the game as competition is intensifying and will only become more competitive. We have see this when Bedrocan's cut price from $7.50 per gram to $5.00
CGC Long only, deep value, value, growth
Right or Wrong???
cheers
n