Trulieve's Strong Earnings, Sundial's Sketchy Batch, Aurora's Climbing Debt [Cannabis StockCast #21]
Trulieve's Strong Earnings, Sundial's Sketchy Batch, Aurora's Climbing Debt [Cannabis StockCast #21]
Canadian producer Sundial Growers Inc. recently listed on the Nasdaq, but now it’s facing allegations about its product. Aurora Cannabis Inc. nearly doubled its debt to $360 million to “fund growth.” Florida’s top medical marijuana producer, Trulieve Cananbis Corp., reported a 30% increase in revenue, but shares are down. And Medmen is starting a cannabis home delivery service in California.
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Vertical integration is still required under state law. No official changes have been made. And Trulieve will have 2.35 Million+ sqft of cultivation capacity by first half of 2020 and currently have 1.6 Million active to date. And this is Only Florida lol
Appreciate the update 👍
Yo, if you’re really investing in this company because you believe it a GOOD company, you are incorrect. If you guys care enough to invest your money in this sector, I’d highly recommend you read the articles about mold and rubber gloves in Sundial’s products — constantly.
SNDL is straight up crooked. They’ve sent moldy cannabis to many healthy lungs, and they’ve been sloppy enough to leave pieces of rubber gloves in their moldy cannabis. How is this possible, you may be wondering?
When you trim the flowers, you use rubber gloves, but these bozos are so sloppy, that they cut pieces off their gloves and left bits of rubber at the bottom of your bag. Honestly, if you’re still backing SNDL, you are essentially approving filthy flowers. Cannabis is not filth, yet SNDL treats their products like filth. Do you want to be a filthy and evil investor who chases over-hyped penny stocks like this?
Invest in genuine cannabis companies like Aphria/Tilray, Canopy Growth and/or G.W. Pharma. If you want a REAL cannabis company that will EXPLODE with positive energy and hype around it, just establish a position in Planet 13 (PLNHF). Their price per share is very reasonable, with plenty of legitimate upside, and NO RUBBER GLOVES OR MOLD in their products.
Can you please include organigram 🙏
As a retailer like Trulieve, they need to sell everything to stay on top. Sell a whole line of CBD including beverages, patches, etc. Of course, nobody listens.
Thanks Anthony! I appreciate the data.