RE:Namaste (N cse) E-cigs vaps and the future
QUESTION TO THE COMMUNITY:
I have been googling since yesterday to try to find another e-cig/vap stock on the cannadian stock exchange...and I cannot find one...am I tired, blind or confused?...but beside Namaste is there another stock out there with a similar niche?
I am reading that big tobacco wants either buy off, invest in or create their own e-cig/vap thinggy.
https://www.cbc.ca/news/health/imperial-tobacco-canada-e-cigarette-vaping-market-1.3810921
from a 250 millions market in 2016 according to the Canadian Vaping Association to an estimate 10 billions in 2017. I want a piece of that pie whatever the way it's cut in tiny pieces.
(you always want to be the company being bought!)
and if they don't get bought, no matters, with an average profit on a sale of 100%, I can live with those numbers
Since I am always looking for the long term, I would like to deversify, Namaste is great,It's impossible that they would be alone in that niche.