RE:RE:RE:RE:RE:RE:RE:RE:Significant Bevcanna Notes. Personal Trade:
If I am going to play Bevcanna I'd be getting in now before their processing license and exiting when they recieve their sales amendment. Holding inventory will leave them succeptable to writedowns in a price compression scenario. The incoming slew of sales LOI transitions to revenue contracts should bump the price regardless.
Their management has had several dumb ideas, but they've been smart enough to pull back from most of them before it gets too dicey. Making bad ideas when you have revenue might be harder to come back from. Until then, they'll have a good run. Coke and Pepsi are already scoping out CBD beverages. FDA guidelines on CBD to be signed into law in the immediate future. They're in the right space to be boughtout.