HGV 0.00% 4.2¢ hygrovest limited

Value of medical marijuana in the Australian market?, page-26

  1. 691 Posts.
    lightbulb Created with Sketch. 3
    My apologies @cstrat
    You must understand that LT holders of MMJ have had a barrage of questions over the past few days from members who want nothing more than to discredit this stock.

    MMJ have a licence....in Canada.
    They are one of the few in the industry who are farm to pharma.
    They grow, they produce, they manufacture (capsules) and they also have a research arm (Phytotech)
    They are working to get Australian approval to sell their capsules.
    They may never get a licence in Australia to grow. They do not need one atm.
    They have already done the hard yards in Canada which is what most of the other MC companies listed on the ASX are doing now here.

    MMJ are basically a one stop shop!

    IMHO i believe they will become one of the front runners in this industry overtime.
    There management know what they are doing. Management do not put out enough information to satisfy most investors but when they do it is viable.

    The best advice you can be given is DYOR and make your own decisions.
    Some of the posts on here can be confusing because they're ramping the stock for their own
    purpose!
    Good luck with the decision you make
 
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