RE:RE:RE:RE:RE:New hereGT - EMH put out news that said they have a LOI to supply pot to the SQDC Quebec's sole distributor of recreational cannabis. EMH only got this deal in large part because they have operations in Quebec. EMH did say that they could use PSF to help supply the pot needed by the SQDC. Anyone remember the HEXO deal with SQDC? It was a 5 year deal for $1 Billion. EMH makes no mention in their news today of how big this deal is! Thanks for nothing EMH, but based on all the pot PSF can produce i'm going to guess it could be a very big deal.
ALL imo!
Also, the Globe and Mail reported VFF a Buy:
Globe says Village Farms International kept at "buy"
2019-04-03 08:16 ET - In the News
The Globe and Mail reports in its Wednesday edition that Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International ($20.04) in the wake of Monday's announcement that its 50-per-cent-owned joint venture, Pure Sun Farms, has exercised its option on the existing 1.1 million square foot Delta 2 greenhouse facility in Delta, B.C. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cooper says in a note: "This will double the size of PSF's footprint ... to 2.2 million square feet. We believe this catapults PSF to top-3 status in terms of scale of all of the Canadian LP's in terms of domestic capacity. As a reminder, PSF also has an option on D1 (2.4 million SF), which is available until Sept. 28, 2021. If that is optioned, we believe PSF will be the largest Canadian LP and could ultimately have 30-40-per-cent market share in Canada. With an unchanged "buy" rating, Mr. Cooper hiked his share target to $60 from $32. Analysts on average target the shares at $41.25. Mr. Cooper adds, "In terms of total production, our recent site visit confirmed that PSF is currently on a 50-55,000 kilogram run-rate (making it one of, if not the largest Canadian producer)."
GLTA