TSXV:NDVA.H - Post by User
Post by
Mase217on Mar 10, 2018 3:56pm
72 Views
Post# 27697552
Something I learned about Cannabis Stocks
Something I learned about Cannabis StocksI'm sure people are frustrated with the lack of movement since the pullback but keep this in mind, no one is talking about this stock yet and thats not a bad thing. I've noticed that once you hear people starting to talk about a stock its often already to late to catch on for the ride. Take it as a good thing that no one is talking about INDIVA... yet. The company will have its day we just need to be patient. Once the company starts making news get ready for the ride. Take this time to build your positions if you're able to.
Niel, the CEO, has said in interviews that he thinks the company needs to be producing 10 to 20 times its current capacity in order to be viable. Their current expansion will triple their capacity. Look for the company to acquire late stage sales license applicants in the coming months. That is how they obtained their current facility. It is much faster in terms as licnesing because the facility will be able to keep its place in the queue with Health Canada.
PATIENCE!!!