RE:PerspectiveTorontoCGC wrote:
EMH just posted quarterly financials. $284,262, down from previous quarter of $373,216, and the previous 2 quarters before that were $279,362 and $211,316.
I don't like to bash any company, but EMH has had all their licenses for a while now and been servicing medical patients for a few years now. CHV doesn't even have a sales license yet and has revenues 3x EMH revenues each quarter. Sure, EMH has expansion dreams, won't go there, but my point is EMH market cap is now +$600 million. I remember when they were at .35 making a power move up to the .80-$1 range about 2 years ago.
If you can't wait 2 years for a possible 20 bagger and want to trade short term pennies, this isn't the stock for you bc there simply is not enough volume to provide liquidity for short term trades.
This is a buy and hold, tuck it away, come back after edible roll out late 2019 and be pleasently surprised.
Great post, there are also others without grow licenses and big dreams who have higher market caps. Canada House is being measured in its public profile for the time being. It has hurt share holders in the past who want the pump, but come legalization it will be clear which companies are still a going concern.