GREY:CHALF - Post by User
Comment by
RickyBobby412on Jul 17, 2019 8:00pm
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Post# 29932272
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Cannacord
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CannacordAgreed - nothing substantial in the short term. If they can stay afloat for the next 1 - 1.5 years I think this will generate a healthy profit. High risk high reward.
Puffdragon6969 wrote: I didn’t say there were none. There are some but most are long term and will take a year or more before we see any results in a quarterly report.
I understand it’s about how much you can grow hence why I’m waiting to know expansion production numbers. I’m interested in their cbd nation wide but they yet have to explain how they plan to acheive that. Will bald peak be all cbd type flowers?
As for selling thc product out of state would be a game changer and well it’s also not a short term reason for investment.
RickyBobby412 wrote: I disagree. Many positives if you look at the sales presentation. CBD chews US wide - new grow facility in Canada with the addition of preparing to bring all brands for oils and edibles to Canada.
The price per gram doesn’t impact much as GLH is not all about the agricultural (which is how companies are evaluated today - it’s all about how much you can grow). GLH is al about the processing of oils and edibles. And the price per gram dynamics will change everywhere as laws change - what happens when Oregon is allowed to ship to other states ? The price per gram is set to go down at all places. Oils and edibles will take off and this is where brands and processing quality matters (GLH expertise). RSO oil , chews, jackpot.
And I forgot to add GLH owns the 3rd largest grower in Washington - nice to look forward to having that added to the books.
Did I miss anything?
Puffdragon6969 wrote: Well not many positives to look forward too. Oregon price per gram is in the toilet. Most are only here for the Canadian operation which is still pretty small. I’m waiting to find out production capacity post expansion which is still a few months away.
TwisterdPine wrote: It seems more like noone wants to be a part of glh
Puffdragon6969 wrote: Well its not constantly it was once with 3 deals last March. If it wasn’t for terra tech and the lawsuit the other 2 or at least one should have went thru. Nobody wants to be associated with that troubled company and Simpson paid the price for trying.
TwisterdPine wrote: Did, but when the company makes deals then backs out of them constantly its very miseleading to shareholders. When you do due dilligence, but then the company completely backs out of plans constantly its a little hard
Puffdragon6969 wrote: I really hope you learned your lesson then. Don’t use this board for stock advice. Always do your own DD.
TwisterdPine wrote: Funny cause thats what has been said on this board since this
piece of sht stock was 60 cents, yet we havent seen it go up yet or ever.
reefercat wrote: Your assuming anonymous didn't sell to themselves or some other shady broker. The bright side is, that what they manipulate down they'll eventually manipulate back up. They make money both ways.