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 LongVFF:
*actually profitable with other farming products contributing
*reasonable P/E and P/EBITDA and P/S
*already growing good quantities
*ultra low cost $0.65/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!
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 $0.65/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!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.