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Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.


OTCPK:SPLID - Post by User

Comment by LiquidOctopusV2on Aug 09, 2019 9:30am
47 Views
Post# 30010395

RE:RE:RE:RE:RE:RE:Equity Guru

RE:RE:RE:RE:RE:RE:Equity GuruHave a look at a composite index for cannabis on the CSE and even the TSX.  We're in a tough spot.  The market sentiment on cannabis is wait and see, it's the summer, major news isn't expected until the fall, edibles in Canada and potentially commencing US legalization at the Federal level.  The "blessing" and the curse of nutritional high during this recent market trough is that it was already so battered that it hasn't given up as much many others. 

I try to stay focussed on the company's performance, which has actually been great over the last 18 months.  Despite the issues stemming from the loss of the manufacturing permit in California, they've built a thriving distribution business and have a clear plan to expand it.  The aquisition in Nevada can only add to this rising tide.  There is good reason to hope that this is Nutritional High's worst season to be followed by better and sunnier days. 
  

letsgetonthis wrote: still looking like we are in a major down trend !


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