OTCQX:GAEGF - Post by User
Post by
maysilverstoneon May 10, 2021 5:44pm
236 Views
Post# 33170282
$GAGE- huge growth potential
$GAGE- huge growth potential $GAGE, a Michigan-based cannabis company, up today 3.6%. Viridian Capital recently called it a buy with a target price of $4.25 while Eight Capital gave a $6.50 pt. Currently trading at $2.55, I'd say $GAGE is definitely worth buying into at this price.
Very bright future for this company:
- they have strategic partnerships with brands including Cookies
- a strong path to profitability (1,972% YoY increase in gross rev to $39.9M, significantly decreased net loss from -$75M to -$30M)
- high quality products with premier packaging art and dispensary designs
$GAGE will for sure be a leader in the Michigan market, which is one of the fastest growing cannabis markets. Looking forward to hearing more tomorrow during the Canaccord Genuity- Cannabis Virtual Conference going on at 12PM EST (May 11).