RE:RE:Just over one trading day to resultsExcellent. Thank you. It really seems like one of the more aggressive players like Aurora, Aphria or Canopy is looking to expand greenhouse capacity by jumping on VFF.
I did very well with CMED's take over and trying to find the bottom on VFF will be interesting.
I really like the fundamentals on this extablished grower switching to much more lucrative crop.
A PE of less than 34 and market cap of $219M with all the assets they have on both sides of the border? Someone will want to scoop this up just for the massive cannabis ready greenhouse and real estate.
The Mergers and Acquisitions in this space is just beginning. The $900M acquisition of CMED by ACB and $500M (overpriced) acquisition of NUU by APH are just the beginning.
What makes VFF very attractive is, unlike other MJ stocks that have been dilluting shares by printing them for options, warrants and buyouts, VFF's issued shares have stayed constant for over 5 years! Aurora doubled theirs in less than 18 months decreasing their share value by half without investors knowing!