Hey mate, agree, usually when people start making personal attacks its a sign they dont have facts to back them up so lash out, so just a sign that the debate is actually over really.
Ive reseached all cannabis stocks on ASX for years.
ECS is definitely undervalued compared to peers, ECS already is producing revenue without any medicinal cannabis product yet to hit the balance sheets. They only recently started medicinal cannabis, prior to that they were hemp focused, already selling hemp products in woolworths and online own store. So they have more revenue streams than just medicinal cannabis. Despite this they are already producing more cannabis than other listed asx stocks, at a much lower cost (as outdoor grows are around 1/10th the cost).
In terms of products LGP is definetly ahead of ECS, however ECS is going to be catching up relatively quick (already producing more raw product), only waiting on Extraction machine which is planned for, then will be able to offer all products LGP has plus more as they also offer hemp CBD aswell as the THC variaties.
LGP is a great company and the leader for Australia at the moment, numbers are great, management are great. Im not bagging LGP at all. Just believe a lot more upside for ECS. LGP market cap 130 million, ECS only 30 million, so huge discrepency, think you will be seeing a triple in ECS market cap before you see that with LGP, thats all more room to the upside.
LGP Price at posting:
67.0¢ Sentiment: Buy Disclosure: Not Held
