CGC/Aphria 2017 Outlook and BeyondCurious to see where you see cgc in relation to the following :
If you were to compare canopy growth from its beginning of trading to where we see it in 2-3 years time from now, and compare it to a 9 inning game of baseball, I see cgc just heading into the top of the 3rd inning.
I think the same can be said in regards to Aphria. I see these 2 companies coming out of this with a strong hold on Recreation and Medical. By mid 2018, I see Aphria having a strong hold as the largest wholesale distributer to Shoppers/London Drugs. At the same time, in mid 2018, I see Tweed establishing themselves as the leader in the REC market with a name everybody knows.
What I would really like too see in 2017 from CGC, is for them to bring their Cost of gram average down from $2.60 to somewhere around the $2.00 average. I believe this can be accomplished and I strongly believe their greenhouse harvest is going to reflect this in their upcoming quarterly finacials update.
I would really like to hear what some of the reputable members on here have to say.
I'm very much looking forward to 2017! I see CGC/Aphria in Mid March of this year being a stock that NOBODY doesnt want to have in their portfolio!