While most cannabis names have broken trend line support,
VFF support is still in tact. We are now seeing a nice bounce in
VFF and one which we think will continue.
VFF is one of the strongest cannabis players in the space and will be a market leader when the cannabis bear market is over.
Some highlights of why to be Long
VFF:
*actually profitable with other farming products contributing
*reasonable P/E and P/EBITDA and P/S
*already growing good quantities
*ultra low cost $0.65/gram already (will decrease with addition of outdoor growing acreage)
*weed crop and sales expected to be profitable in Q1 2020
*good acreage
*does outdoor and indoor growing
*facilities in place
*has branded products
*has access to US market in multiple states
*has access to Canadian market
As always, use protectives stops and trade with caution.
Good luck to all!
Some highlights of why to be Long
*actually profitable with other farming products contributing
*reasonable P/E and P/EBITDA and P/S
*already growing good quantities
*ultra low cost $0.65/gram already (will decrease with addition of outdoor growing acreage)
*weed crop and sales expected to be profitable in Q1 2020
*good acreage
*does outdoor and indoor growing
*facilities in place
*has branded products
*has access to US market in multiple states
*has access to Canadian market
As always, use protectives stops and trade with caution.
Good luck to all!
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
