This really isn't a new industry by the way....As many producers have been around for years producing for the medical cannabis industry, but I do understand what you are referring to, which is the recreational cannabis industry. Ok, so DOJA is gonna produce rec cannabis if they get their license, agreed, but the size of their production is not near what some other small Cannabis companies are...take FIRE for instance as it is also a small player in Ontario, and it's stock price is hovering between $2.50-$3. Now I get that DOJA is teaming up with the coffee shops of Tokyo Smoke and that other girly cannabis player, but then they are gonna change all the names again??? SAXX never changed their name, so why not keep DOJA?? I guess HIKU may look new again on the market after the merger with more shares now, that could fool some new investors I guess?? Definitely not bashing here folks, I just would like someone to give me some hard evidence for this stock surge...not just that "this is unlike any other stock"...really??
Anyway here is a quick comparison of DOJA production size and FIRE:
DOJA has a 7,100 square foot production facility licensed by Health Canada. DOJA's second facility, a 22,580 sq ft warehouse, will house the FUTURE LAB.
vs.
Supreme (FIRE) is a federally licensed producer of medical cannabis pursuant to the ACMPR operating inside a 342,000 sq. ft. Hybrid Greenhouse facility. The Hybrid Greenhouse combines the best technology of indoor production with the efficiencies and sustainability of a greenhouse, in a single large-format production footprint.
Looking forward to some compelling arguments now, with evidence provided, thanks!
Always do your DD before investing in any stock.