Yes is the simple answer. I think it is fairly priced at the moment - re $5.20 to $5.40.
If your definition of long term is say 5 years then it is a big yes from me. They are building a business model which is diverse in geography and sector, a model that dominates the supply of products to the selected sector, a model that gives them the whip hand in customer negotiations and a model that is making them secure from droughts and pests. They are also producing the results re sales and profits. For me its a no brainer - buy at today's price and sell in 5 years at $10.00.
CGC Price at posting:
$5.37 Sentiment: Hold Disclosure: Held