SOL is a small $27M investment company, which is focused on cannabis, health and wellness, digital assets, and electric mobility. It is not profitable, but it generates good free cash flows, and the share price has been moving higher as it is pivoting towards digital asset investments, including staking Solana (crypto). It is purchasing SOL (Solana) tokens and staking them, earning a yield. It currently has roughly C$5.5M in SOL tokens. This is an interesting move by the company, as there is currently no way to gain exposure to Solana in the public markets, given that there is no ETF available yet. We would consider the move to be highly volatile, but it is interesting if it can continue to acquire SOL and if Solana continues to move higher.
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