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Biome Grow Inc C.BIO

Alternate Symbol(s):  BIOIF

Biome Grow Inc. is a Canada-based company that is engaged in the business activity of pursuing opportunities in the cannabis industry. The Company's operations are limited to holding investments in IM Cannabis Corp. The Company has not generated revenues. Its subsidiaries include Cultivator Catalyst Corp., Great Lake Cannabis Company Inc., Red Sands Craft Cannabis Corp., and Weed Virtual Retail Inc.


CSE:BIO - Post by User

Comment by Benedictuson Mar 30, 2020 12:19am
209 Views
Post# 30858798

RE:Great day for the sector

RE:Great day for the sector

At this point Biome lives or dies by highland grow. Most of Khurram's grand plans had to be sidelined. It's a bifurcated market as liquidity has dried up. Most small players are going to shrivel and die on the vine while senior debt is funding the top tier players that are going to take the lions share. The reality is biome at this stage looks like either a potentially cheap buyout if highland grow can continue to be successful or biome slowly dies on the vine. 

In terms of stock movement, the entire sector has collapsed so it will take a protracted recovery amongst the sector leaders before any of the minnows like biome will catch a bid. All imo. 

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