RE:RE:APHA, TLRY, DTEA stockfy wrote: stockfy wrote: More consolidation in the marijuana sector is a sure thing.
Also, tea retailer DAVIDsTEA (DTEA) will most likely start selling CBD-infused tea in 2021.
DTEA's CEO was thinking of introducing this new product and the CBD-infused edibles are legal now in Canada.
The key question is which company will acquire DTEA. DTEA's CEO will sell because he and his daughter own almost 50% of the company.
Profitable and debt-free DTEA currently trades
less than 1 times its revenue while the vast majority of the other e-commerce online retailers CHWY, W, FTCH, ETSY, JD trade
3 to 7 times their revenue.
And thanks to seasonality, Q4 is DTEA's strongest quarter when it generates about $20 million in free cash flow.