It's a great announcement, I'd estimate it puts fair value closer to MMJ so decent upside from there.
Now they're acquiring a lot of potential and that's OK. It'll be hard work, and it does mean the timeline is 2022-2025 if you want your 10X.
It is a good decision, it helps them grow as they're starting to bring revenue in with their products. It helps scale up the revenue of the group, so the question is not is it good? it's, can they do it?
Would expect 75C as a base by EOY. Solid potential. Would buy on dips. long term investment.
DYOR/ IMHO
CPH Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held
