Q: Can I get your thoughts on this company please?
Thanks for all your great work.
Scott
Thanks for all your great work.
Scott
5i Research Answer:
Even with a 273% gain this year, market cap is only $40M. It was a seven-cent stock earlier this year, and one we thus have not followed too closely. It has had six quarters of positive EBITDA and was profitable in Q1 and Q2. It recently made an acquisition and raised money. It had $4.2M in revenue in the second quarter. Insiders own 22%. Certainly vs the rest of the cannabis sector it is doing very well. We need to see some more consistency, but certainly from a low base the numbers are good. It should be considered extremely risky, however.