GREY:ALEAF - Post by User
Comment by
sthBUTineion Nov 19, 2021 11:47am
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Post# 34145996
RE:The German headline is a good story
RE:The German headline is a good story sthinei wrote: For Cdn producers. Right now the stocks ard all close or at 52 week lows. Imo not the time to be super negative but the opposite of that. Tax loss selling have further depressed pricing therefore opening up a decent trading window for names that will benefit from expanding European market. That being said there are competitor countries and companies waiting in the wings and eventually Europe will be looking for home grown solutions for their legalization ventures. Canada however does serve as a cautionary tale for over expanding domestic production. So the more conservative approach may be to look for a blended approach of import partners while they build out domestic production capabilities.