OTCQX:GAEGF - Post Discussion
Gage Growth
> defintiely worth buying into at this price
Post by
JGibbs on May 10, 2021 3:12pm
defintiely worth buying into at this price
GAGE.C has analysts calling it a buy with a target of $6.50 while its trading at $2.60.
"We are initiating coverage of Gage with a BUY rating and C$6.50 price target based on 11x 2022E EBITDA of $112MM. We believe that Gage provides investors with differentiated exposure to US cannabis via the Company's leading position in Michigan, a top three fully legal market. Backed by a team of seasoned cannabis industry professionals, we believe that Gage's vertically integrated operations and strategic use of brand partnerships is a highly scalable and repeatable model that drives a best-in-class experience for its customers."
https://research.viiicapital.com/Report/Viewer?ReportId=UlAwMDAwNzEwOQ==&ClientId=Q0wwMDAwOTg1Mw==
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