TSXV:KHRN.H - Post by User
Comment by
PBOUN88on Sep 04, 2018 1:50pm
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Post# 28560050
RE:Khrn Price Rise
RE:Khrn Price RiseMany things are affecting the share price. If you think about it, the management team is super experienced and influencial, plus they will be starting their sales soon as per CEO, plus their cost per gram I think will be the lowest in the industry plus the industry in general is moving forward with aquisitions and partnerships etc... plus their plans for an international expansion in Mexico and south America plus having the former president of Mexico on their BOD is not a usual thing... so we will see... Plus don't forget they have around 50M outstanding shares in total so it's a combination of a lot of factors. This company has a promising future but it will all depend on timing, on commercial activities and future partnerships. Look at it as a long term investment not a quick way to make money. I would compare them to Canopy in 2014 (previously Bedrocan). Good luck :) Cheers.