RE:RE:RE:RE:FinancialsGood summary Cam
I am slightly more dissapointed in the Q4 performance than you - especially when you compare it to the general Cannabis market.(up 40-50% Sept 30 to Dec 31). I get that QCA is invested in smaller plays and several private ones (so far) and that is the primary reason for the relative underporformance to the Cannabis and even the general markets. In my mind Roger is well paid to diversify and be aware of the overall Cannibis market. Discounts will disappear when Roger shows that he consistently beats (for example) Cannibis ETFs.
Q1 (a few weeks away) may be a little bit better, but it does now appear that shareholders will have to wait for Q2 and more pending liquidity events. The Agriforce delay, I'm sure, was frustrating for Roger. Hopefully City View Green and others, will hold and or rise in time for June 30th (Q2 end)
Not much in the way of new Crypto plays.
On the good side, it would appear that there are still blue skies ahead for 2021 (investments more fully cooked, liquidity events, more buy-backs, possible favourable US legislation) - as long as the general markets hold
Looks like, so far, the market is unimpressed. It will take more than a decent Qtr for the market to get excited about this sub $50M portfolio, $ 20M MC play.
MM