GREY:NCNNF - Post by User
Comment by
sim_1on May 11, 2019 12:34pm
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Post# 29737795
RE:HEXO and future...(in French)
RE:HEXO and future...(in French)I think he’s got a few points - most importantly that most weed companies aren’t anywhere close to being profitable - and so I expect a consolidation phase very shortly where many companies will go up in smoke...
One of the main reasons I’ve put so much money in NRTH: they have shown financial responsibility and fundamentally have some of the best ratios... and a lot of cash on hands. They were absolutely on track to being profitable even before the outdoors farm... and so they aren’t just a bunch of lousy mouths... they are experienced and have a track record to prove it... Management is everything... and so in the weed universe they are my only pick.