Q: hi folks
any updates on the continued viability of this pot stock
are will still simply awaiting legislation?
thanks
any updates on the continued viability of this pot stock
are will still simply awaiting legislation?
thanks
5i Research Answer:
With continued negative stock momentum, some debt, and not a lot of growth expected (estimated EPS this year less than 2021) it is hard to get too excited about GTII. There has been some insider buying which is a good sign, but the sector continues to struggle and the stock is down another 14% in January alone. US legislation would certainly help but seems a long time coming. We would not have a lot of interest here.