GB Group Ord Shs GBGPF

Rec Market Thoughts

[TabulaRasa]

In June CMED came out with there investor deck saying that they would be attacking the Rec Market from an edibles perspective which has been reitterated in all the other ivestor presentations until now. Im excited to see how the market reacts as the canadian government changed the legislation yesterday to include edibles within a year after legalization. All said in my humble opinion!

[thorgb1]

Interesting that you post this now...... A source just just told me that Brent was a speaker today at the Eight Capital conference, and he made a statement to the effect that within the next 30-60 days CMED would be "big players in the rec space". He didn't say who, what, where, how or why, but he laid down a definitive timeline as to when. I think we are in for some excitement in

[Skater]

New "highs" very quickly...  lol good pun!  Very nice close today, although market is pretty thin on both bids and asks, explains the volatility.  14,000 and we're over $12.00, 5,900 and we're under $11.00.  Its been a good week, we'll see what tomorrow brings. For now we're headed in the right direction... I did see Eight Capital as a larger buyer

[VENMan]

With such a strong demand in the near future to supply Ontario alone with 40 stores it's hard to see any resonable company with any decent supply not increase their 2018 revenue stream. CMED trades at 13 times Revenue but if their Revenues double in 2018 and you buy now and hold you are buying it at 6 times 2018 Revenue. Whats WEED at over 20 times 2018 Revenues, right now.  Best of luck

[Skater]

Of interest, Eight Capital was the advisor to Canopy Growth on the acquisition of Mettrum.  Anyone see a coincidence there???  Perhaps M&A on the horizon? $ 430.0 Million Canopy Growth Corporation Advisor to Canopy Growth on the acquisition of Mettrum Health January 2017