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Bullboard - Stock Discussion Forum Emerald Health Therapeutics Inc EMHTF

Emerald is committed to creating new consumer experiences with distinct recreational, medical and wellness-oriented cannabis products with an emphasis on innovation and production excellence.

OTCQB:EMHTF - Post Discussion

Emerald Health Therapeutics Inc > TIMING IS EVERYTHING - TIME TO BUY EMH
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Post by Valuewalk on Feb 17, 2019 12:19pm

TIMING IS EVERYTHING - TIME TO BUY EMH

Recent Share Price Action
The shares have been plauged by a persistent single seller over the past week who appears to have been cleared out Friday afternoon immediately sparking a 20c rally in the last hour alone. Buyers finally took him out right on the major trendline support on the chart. This implies a move higher with an initial target of $4.00. It was probably the buyer of the December placement taking a quick profit. His indiscriminant selling and size provides an incredible opportunity for the buyers.

EMH VS VFF
I am invested in both but have started selling VFF and buying EMH late last week. VFF has gotten ahead of itself on US hemp and Nasdaq. VFF has now taken over EMH in market cap which I believe is unjustified. The single most important asset VFF has is Pure Sunfarms, which EMH has 50% of. EMH also has the option to participate 50% in any Canadian cannabis activities that VFF undertakes, but VFF has no such right to us in return. This was a great deal struck by EMH. Pure Sunfarms (PSF) is an incredibly valuable asset and I expect to see PSF turn a profit when EMH reports in March. How many cannabis operations can report anything close to profits at this time?!

I think a phase 2 announcement on Pure Sunfarms must be just around the corner. This would cause EMH to explode higher!

We have half of PSF. Our exposure to hemp is bigger and nearer term than VFF, including our deal with factors group to turn hemp in to CBD products on a large scale, we are way ahead on the hemp. We also have our own 500K sq ft in Richmond (nearing completion), in order to supply both recreational and medical patients (VFF has zero medical exposure). We also have 500K sq ft in Quebec, and I expect a Quebec government supply deal any day now. 

VFF has net 550sq ft of cannabis. We have net 1,550sq ft, almost triple the square footage.

To have all of these various assets on top of PSF and be trading at a discount to VFF doesn't make sense. We were 3x the market cap of VFF not too long ago for these same reasons!


What to look out for

Pure Sunfarms phase 2 - any day now IMO

Further government supply agreements - For both EMH, and PSF 

Q4 - I believe we will see a substantial improvement in the financials and possibly profitability at PSF

Update on Factors group, hemp, additional HC approvals

International deals

Will we be the next co to list on NASDAQ, with the cheapest valuation of them all??

CATCH UP TIME!!!!!!
Comment by Loonee on Feb 17, 2019 1:08pm
Good post Valuewalk, I agree and share many of your thoughts. I was in VFF and seeing the move recently, opposite to EMH was mind bogling. A seller using ITG did a similar thing in Nov starting when the stock was in the low 5's, wreckless selling and driving the price way down, more so than others in the sector. We just went through it again and I noted ITG was the main seller. It does appear ...more  
Comment by goal111 on Feb 18, 2019 2:10pm
i like your post but 2 things i like to ask you. 1. Where did you find out Richmond facility is very nearing completion? Because i never found any info recently that updates me . 2. I thought Quebec facility is only 75k sq/ft. But you are claiming that its 500k sqft. Can you please give sources? Thanks
Comment by cannhealth on Feb 18, 2019 4:20pm
br /> Goal I share the same concerns you've stated where it regards the accuracy/veracity of said post. I'd also like to add another.. that being.. Pure SunFarms is NOT Viilage Farms best asset. I believe Value has either neglected to research and/or mention the fact that VFF has a pre-existing and thriving greenhouse produce business selling green peppers, cucumbers and largely ...more  
Comment by Valuewalk on Feb 18, 2019 8:57pm
Sorry I used Richmond’s number in place of Quebec- EMH still over double the capacity of VFF and Quebec access. Also, cannhealth is right. I didnt mention VFF’s tomato business which has struggled to break even for decades. Its actually a bit concerning management dedicated so many years to that business and couldnt bring sustainable profits to shareholders. Pure Sun with cannabis is so much ...more  
Comment by Loonee on Feb 18, 2019 6:40pm
Goal111 - you are correct about the Agro-Bio ft3: Agro-Biotech is a Licenced Producer under the ACMPR located in Saint-Eustache, Quebec. Agro-Biotech’s assets include land and a 75,000 square foot indoor grow facility. Agro-Biotech has built out 20,000 square feet of this facility to date and Emerald expects to have the remainder of the 75,000 square foot facility equipped to produce ...more  
Comment by cannatrader22 on Feb 19, 2019 11:58am
This post has been removed in accordance with Community Policy
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