Post by
AuroraAurora on Jan 12, 2021 1:48pm
Divergence from VLNS
I'm noticing that while Nextleaf typically tracks up and down with Valens, that today Valens is down and Nextleaf is up. Additionally, I've noticed the last couple days that even when Canopy is down, Nextleaf is up. This divergence is very positive. Perhaps the market is waking up to the fact that Nextleaf is a good play and of good value in terms of market cap vs potential. Nothing is certain but things are certainly looking up!
Comment by
Aries77 on Jan 12, 2021 2:21pm
I heard they are in talks with various large pharmaceutical companies. These companies are apparently interested in the high quality /purity oils. Bigger fish are buying in. People are starting to wake up to this. All positive signs.
Comment by
stealthct on Jan 12, 2021 2:34pm
Well I think they have been talking to Pharma for over a year now. They mentioned looking for a partner to commerical there pro-drug patents. I don't think that is causing the price increase though. "In Talks" can last months/years just like how long it took to close a small sale.