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Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.


GREY:IVITF - Post by User

Comment by Omegabon Jun 12, 2019 5:24pm
175 Views
Post# 29820042

RE:RE:RE:RE:RE:Finally! some useful numbers!

RE:RE:RE:RE:RE:Finally! some useful numbers!Incredible value at these levels if that NR is correct.

14 mil in sales with a ~61 mil market cap; this is trading below a p/s of 5.

So basically you are getting everything other than Acreage Pharms 1&2 for free. (Whether those assets are worth anything in the future remains to be seen)

Disclosure : Restarting a position here, IMO it is closer to a bottom than a top after more than a 75% discount. Only issue I have with them is their cash position & phase 3 delay, but the loan from ATB should tide them over to at least next year. GLTA. DYODD.
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