$VFF Is A Buy Off Key Trend Line Support

21 בנוב׳ 2019

While most cannabis names have broken trend line support, VFF support is still in tact. We are now seeing a nice bounce in VFF and one which we think will continue. VFF is one of the strongest cannabis players in the space and will be a market leader when the cannabis bear market is over.

Some highlights of why to be Long VFF:

*actually profitable with other farming products contributing
*reasonable P/E and P/EBITDA and P/S
*already growing good quantities
*ultra low cost 00.65/GRAM already (will decrease with addition of outdoor growing acreage)
*weed crop and sales expected to be profitable in Q1 2020
*good acreage
*does outdoor and indoor growing
*facilities in place
*has branded products
*has access to US market in multiple states
*has access to Canadian market

As always, use protectives stops and trade with caution.

Good luck to all!