Q: My daughter holds the above cannabis stocks in her TFSA all,of which are offside between 13% ACB, AUSA 87% and GENE 40%. Are any of these worth holding or should she bail?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Emerging companies in the Marijuana industry like these two need focus to progress in a positive way. What are your top 3-5 areas of attention that you would like to see and continue to research to make them a worthwhile investment opportunity in 2019 and beyond?
Q: Will Peter's fireside chat with Gene Simmons at the Moneyshow be archived somewhere or, if not, the subject of a blog or Financial Post article?
Q: This company seems to have changed its focus drastically within the cannabis space since your last assessment in Jan. Could you update the outlook for the company, including the spinout of Poda. Scotia research forecasts .04 earnings in 2019 and .13 in 2020; achievable?
Its trading symbol has changed, now GENE, perhaps to reflect the involvement of its Chief Evangelist Officer, Gene Simmons, whom I know Peter will meet on Friday. Perhaps Peter could find out the duties of a C.E.O.?
Its trading symbol has changed, now GENE, perhaps to reflect the involvement of its Chief Evangelist Officer, Gene Simmons, whom I know Peter will meet on Friday. Perhaps Peter could find out the duties of a C.E.O.?
Q: Good day gentlemen,
Can i get your thoughts on the latest news?
I am trying to decipher what multiple will be attributable to this company. And what a reasonable profit expectation would be if they sold their product within the 8-10$ per gram that has been discussed.
My math:
22,150kg @ 9$ per gram = 200million revenu
Do you have an estimate of potential profit, if this was to come to fruition? And do you have a multiple that can be attributable to this industry? Best estimate of a stock price.
Thx I know this is extremely difficult given the many variables. I would appreciate your best estimate.
Thx again!
Can i get your thoughts on the latest news?
I am trying to decipher what multiple will be attributable to this company. And what a reasonable profit expectation would be if they sold their product within the 8-10$ per gram that has been discussed.
My math:
22,150kg @ 9$ per gram = 200million revenu
Do you have an estimate of potential profit, if this was to come to fruition? And do you have a multiple that can be attributable to this industry? Best estimate of a stock price.
Thx I know this is extremely difficult given the many variables. I would appreciate your best estimate.
Thx again!
Q: Good day gentlemen,
I know this company recently reported earnings. Can you comment. Can you tell if there is a significant cash burn? Also do you put much stock in the fact that they will have production capacity of 5000 kg in a few months; 15000kg in 6-12 months. With a sale price of 8-10$ per gram, that is 50-150 million in revenue.
I know this implies many assumptions, not the least of which is the attainment of a sales liscensce, but if this scenario was to transpire can you surmise a possible stock price at this revenue level.
It appears that the 5000kg milestone will be financed through shareholder capital as is a good portion of the 15000 milestone. (28 million in cash).
Does this potential capacity as well as their pesticide free production distinguish them from the majority of the players in this business?
I know this sector is not your preferred but I would appreciate your opinion.
Thx
I know this company recently reported earnings. Can you comment. Can you tell if there is a significant cash burn? Also do you put much stock in the fact that they will have production capacity of 5000 kg in a few months; 15000kg in 6-12 months. With a sale price of 8-10$ per gram, that is 50-150 million in revenue.
I know this implies many assumptions, not the least of which is the attainment of a sales liscensce, but if this scenario was to transpire can you surmise a possible stock price at this revenue level.
It appears that the 5000kg milestone will be financed through shareholder capital as is a good portion of the 15000 milestone. (28 million in cash).
Does this potential capacity as well as their pesticide free production distinguish them from the majority of the players in this business?
I know this sector is not your preferred but I would appreciate your opinion.
Thx
Q: Good day gentlemen,
Do you have an opinion on this company?
I noticed there is a new debenture that will be issued. It has an 8% yield would you consider this a moderate risk investment?
Do you have an opinion on this company?
I noticed there is a new debenture that will be issued. It has an 8% yield would you consider this a moderate risk investment?
Q: Further to your reply re this stock. Morningstar reports that this company reports a dividend of 0.11 cents a year with a dividend yield of 6.35%. Is this a mistake or just a one time dividend for 2016. Tnx for all your hard work.
Q: Could I have your views on this small company. It appears to be one of the few companies in this cannabis sector offering a dividend. Does offering a dividend make it less risky or should I not even think of buying this one and stick with the bigger companies like Canopy Growth. Tnx