OTCQB:EMHTF - Post by User
Post by
NeotraderQCon Sep 10, 2020 3:55pm
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Post# 31534898
$80 million war-chest
$80 million war-chestUpon review of the potential sale of Pure farms stake to VFF, I am happy with the move. In a time where cash is king and large facilities are going up only to produce a fraction of what they can and over-supply, I believe the niche market is where its at and commands a higher premium. Knowing EMH has probably the best catalogue of genetics for production and has almost 2 acres of grow space already in BC, unloading Purefarmsat this time was a smart startegic decision. As long as they deploy that capital to better served investments I believe this stoc is the diamond in the rough in the Canadian market and is extremly undervalued. I suspect we see $0.50 in the next 2 months right after the effetcive date of the closing of the deal.
My 2 cents.