Cannabis Producer Moves to the TSX as Analyst Flags Major Expansion Potential
https://ow.ly/qZSR50YrsWE
Cannara Biotech Inc. ($LOVE.TO; $LOVFF:OTCQX; BCB0:FSE) began trading on the Toronto Stock Exchange on March 2 after graduating from the TSX Venture Exchange. Atrium Research initiated coverage with a BUY rating and CA$3.00 target, citing best-in-class EBITDA margins of 29%.
Record Profits, a Vape Market Landgrab, and a CA$250M Facility Bought for CA$27M
https://ow.ly/twTw50YpLcg
Atrium Research initiated coverage on Cannara Biotech Inc. ($LOVE.TO; $LOVFF:OTCQX; BCB0:FSE), citing the company's dominant position in Quebec's new vape category, best-in-class EBITDA margins of 29%, and a capital-efficient expansion path at its Valleyfield facility that could unlock 100,000 kg of annual production capacity by FY30.
$LUFFF $CRON $HITI $LOVFF $DBCCF
TD Cowen initiates:
Big bank just dropped fresh coverage on the Canadian cannabis space; calling it structurally improved with better pricing, scaled players finally cash-flow positive, and valuations still dirt cheap.
Feels like the sector's quietly setting up for a re-rating.
Who's feeling optimistic?
@Riskyybiznazz I worked in the industry at the beginning of legalization. I followed these companies for years. I invested in many of them. I continue to follow them. I follow prominent names on LinkedIn that continue to analyze the business model. One of the only profitable companies right now is $LOVFF I'm not ignorant.
$LUFFF $TLRY $AVTBF $LOVFF $CGC
“The Company stands alone in its ability to simultaneously double medical sales and provincial footprint/SKUs while tripling exports, opportunities its public peers exhausted years ago. This convergence of untapped channels positions Herbal Dispatch for the sharpest revenue acceleration in the entire public cannabis sector over the next 24-36 months.”
$TLRY $LUFFF $AVTBF $LOVFF $CGC
All these companies got a % of this chart, up to $100M a month in exports!
Expected to reach $150M a month by the end of the year!
$LUFFF $AVTBF.US $TLRY $LOVFF $CGC
All these companies got a % of this chart, up to $100M a month in exports!
Expected to reach $150M a month by the end of the year!
