Harvest One Share Price, page-2275

Has anyone done the updated calculations on NTA? Quite impressed that MMJ continues to hold its current Market Cap given the current climate regarding cannabis stocks in the Canadian market.

I’m quite confident that we’ll see an uptick in Harvest One in the next coming months. They’re reporting quite decent revenue numbers for a company with such a low Market Cap, and as of September close they had close to $50m still in cash. Compare this to their capitalisation of $60m (according to TMX Money’s site - I’m assuming an undiluted figure) we’re left with a company that is currently trading under their book value.

For comparability, some of the larger players have price/book ratios upwards of 5, and that’s after some of these companies have halved in share price. It’s in my view the trading that has taken place in HVT is purely a reflection of the sector at large, and also the current market climate globally. I’d assume that once numbers start coming out given recreational sales, we might see things start to pick up again.

Just my two cents.

Cheers,

CappMan