MMJ 4.76% 11.0¢ mmj group holdings limited

Personally I’m not concerned with MMJ’s investment in MediPharm...

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    Personally I’m not concerned with MMJ’s investment in MediPharm Labs - I see this as a rock-solid investment in a cornerstone oil producer ahead of the market and given the premium on extracts over flower I certainly expect this sector to outperform.
    As for MMJ’s investment in HVT - am still concerned over the lack of production buildout updates, they’ve sold all their product so no further revenue in the short to medium term, expenditure dramatically increasing - I’d be happy to see MMJ free up more capital from HVT (even at a loss) to invest in pre-IPO’s and even Increasing holdings in MediPharm through warrant conversion.
    For the time being the Canadian Weed sector is subject to high levels of short selling - whether it’s big players looking for a stake or genuine belief on overvaluation concerns but the story is just beginning and only the strongest will stand on their own - the rest will be consolidated!
    AIMHO-GLTAH-DYOR!
    Last edited by AzInAsia: 31/10/18
 
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