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 LongVFF:
*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!
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!
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.