Cannabis ETFs are trying to hold on to green territory today while the space overall has seen a move lower to start 2022.
DAN AHRENS: Well, in the interim, especially on the US side of the border, companies continue to grow, operate, really knocking it out of the park, if I can say, on a fundamental value.
– So– no, no, no.
DAN AHRENS: Well, I can say I have never seen an industry or a sector with such a big disconnect between company performance with revenue growth and other fundamental metrics versus the stock price.
In the United States, we have these multistate operators that until the feds fix it like they’ve promised to fix it, these companies can’t list on the major exchanges.
But fundamentally, these companies are multibillion-dollar companies with fantastic revenue, growth but they’re held back by these disadvantages that we’re waiting to get fixed federally.
We’re talking about companies that grow their product, package their product, and, in many cases, sell the product in their own dispensaries.
Even with a lot of the federal reforms that have been proposed, they’ve talked about the ability to keep it to states’ rights, individual states that want to approve whether it’s medical or adult use.
And what I mean there is I like all four or five or six or seven of the biggest top operators in the United States.
I do like the midterm elections coming up to put pressure on the politicians once again to act on promises they’ve already made.
We’re seeing a lot of Republican support now for changing the way things are done when it comes to marijuana.
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 11, 2021 to its short form base shelf prospectus dated May 7, 2021 and amended and restated on May 25, 2021.
Breckenridge Distillery Announces Second Series of ‘Super’ Sexy Motor Oil Launching in Limited Edition for Valentine’s Day As the story goes, Breckenridge Brewery took Breckenridge Distillery’s freshly dumped Bourbon Whiskey barrels and aged their Imperial Oatmeal Stout in them.
— Argentine biotech company Bioceres Crop Solutions Corp.
Aurora Cannabis Inc.
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