Not sure whats going to happen in the short term as they ramp up production but im pretty confident Nan can turn things around with her plan.
AS the global cannabis market changes and opens up, the big US operators are expecting to be able to (also) sell direct to consumers which will be a game changer they say.
Edibles market is going to be huge. WYLD will do US$300m this year. Quality is key. Still early days from what I watched this morning.
Cannabis/Hemp products are going mainstream - get ready for it.
The VMS (vitamins minerals supplements) companies are warming to edibles and THC/CGB etc products, Blackmores becoming an ECS customer in 2025 would not surprise me at all.
https://wyldcanna.com/
Not sure what the ECS SP bottom will be but im expecting a bounce in global sentiment as cannabis becomes a major USA election topic..(msos)
ECS has a bright future once these investments are digested and come online. May quarterly should have a better picture of how things are going production/cost wise.
Things might be a little tough in the short term but as long as they can manage the debt/costs, things are looking good on the horizon. Think Positive!
Good Marketing/Branding is important..
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Not sure whats going to happen in the short term as they ramp up...
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Last
1.5¢ |
Change
0.001(3.45%) |
Mkt cap ! $19.32M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $404 | 27.59K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 5344152 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 829372 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 5344152 | 0.014 |
6 | 868461 | 0.013 |
5 | 1310846 | 0.012 |
2 | 1225000 | 0.011 |
4 | 1850000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 829372 | 4 |
0.016 | 950000 | 1 |
0.017 | 721685 | 3 |
0.018 | 517100 | 3 |
0.019 | 414353 | 6 |
Last trade - 10.12am 07/08/2024 (20 minute delay) ? |
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ECS (ASX) Chart |