VFF IS TOP PICK - TODD HARRISON OF CB1 CAP TELLS BLOOMBERG Highly regarded institutional portfolio manager Todd Harrison of CB1 Capital says Village Farms is the best buy out of all the LP’s at the 7:35 mark of this video:
https://www.bloomberg.com/news/videos/2018-09-12/where-to-find-opportunities-in-cannabis-stocks-video
VFF has only 45 million shares outstanding! Every other LP has at least 300% more shares out (and 300%+ dilution of your investment), including their partner in Pure Sunfarms Emerald Health!
It makes ZERO sense that Emerald Health, who owns the same 50% of Pure Sunfarms (and nothing else of real value) has a market cap of $762 million VS Village Farms of $334 million! This implies a valuation of over $15 for VFF simply catching up to their JV partner, and that doesn’t even address the huge discount to peers!
Not to mention the fact that they will be paid $90mn for Emerald to have the right to 50% of the expansion to 5 million square feet, plus they have 5 million square feet of greenhouse in Texas that could be sold for $2 per share today!
Village Farms is currently licensed to CULTIVATE AND SELL on 1.1 million square feet which is a state of the art facility that does on site extractions and packaging in to value added products!
Wake up investors! VFF is the next to move, if they aren’t taken out by a big player first, their earnings are going to blow the doors off the competition!
GLTA