Ive been in this dog for a year now hoping to profit. unfortunately it has been a very long journey and i end up being in the red 52w later.
Sure ive lost hope multiple times, i was happy with the natura naturals acquisition... a little sad to see it fail... happy to see the Aphria supply deal... ive got excited when we jumped over 2.00$ thinking finally the day has come for Emblem to show the market what they are made of and nop, here we are back at 1.30$
But so is the rest of the sector. take a look at VIVO, XLY, WAYL, and 99% of the rest of the sector they are all struggling these days.
ok enough with the kool-aid drinking.......
Why in the hellllll should i remain calm?
Look at the latest Cronos earnings..... Look at the latest TLRY earnings..... look at CannTrust earnings...... you will quickly realize that Emblem doesnt belong in their current category of valuation.
Emblem numbers will soon shred some light to their value as the sector is slowly switching from hype to fundamentals mostly revenue.
Keep in mind, Patients and recreational clients arent aware of the Marijuana Investing frenzy, they purchase whatever brand they feel is more suited to their needs. This is why Emblem products is shining and will prevail.
There is soo many talks about doom and gloom and little guys not surviving..... Well Emblem is a whole other story they have the sales and the increase in revenues, in patients, in clients to justify their survival throughout the years. and obviously is a natural acquisition down the road for Aphria having better sales than APH in Ontario will instantly bring appetite to Vic.
Emblem is undervalued. has been forever. but the difference is revenues are starting to reflect through valuation and increase in revenue and margin is well received by smart investors.
Again, good luck with Emblem, i am holding, and i know this will pay off big time.