GREY:VDQSF - Post by User
Post by
quaggion Jan 06, 2018 2:11pm
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Post# 27297626
the upcoming 6 months..
the upcoming 6 months..What do you guys think about the next 6 months?
Canada:
We will most likely see the complete marijuana legalization in Canada. The 1st July is the date.
Also, hopefully, the expected license for Vodis in Canada.
USA:
The Bellingham facility upgrade should be done anytime soon. They're going to produce on Tier 2 afterwards (i expect the application for Tier 3 aswell but yeah.. noone knows).
On the other hand we've heard about Trump this week. He's willing to force the states to banish marijuana again.
Considering that the Bellingham facility might be closed in the very worst case - i still think that if Vodis gets the Canadian license it's still not as bad as some people might think. Their primary market is Canada in any ways and i don't think that it will impact their revenue THAT much. In that case we should still see stock prices way above 2 CAD.
If Trump fails with his stupid idea and the legalization in the US remains (which is more likely in my opinion) i expect an even higher price that i can't predict at this point.