Interesting shadow play cannabis stock

in #investing5 years ago


Cannabis stocks are again very popular as progress in legalization is progressing globally quit fast. I have invested a large sum to IIPR , Innovative industrial properties, a cannabis REIT. But now I have found interesting stock related to the industry.

EnWave Corporation licenses, builds, and installs commercial-scale dehydration platforms for applications in the food, pharmaceutical, and industrial sectors to manufacturing companies in Canada. Their customers are now also to within cannabis industry.

Typical products to use technology are dried foods


dried food photo

Cannabis is a growing industry which also needs drying technology in industrial scale.

Their earnings are also turning positive after long years of operating at loss.

Fastgraphs estimations:

This is very interesting opportunity as stock might pick up nicely. Of course stock is very risky as market cap is under $200M and will fall hard if growth story does not hold.

Disclosure I own shares in Enwave

Keep on Investing!



Also available from my blof More-Dividends.com : https://more-dividends.com/interesting-shadow-play-cannabis-stock/
Sort:  

Love the look of your website and the fact that you link your Steem profile on it! Upvoted and commented from your website using @steempress :)

Yes. Steempress is a great thing to combine powers of WP and steemit.

Congratulations @investing101! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 10 upvotes. Your next target is to reach 50 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 65920.41
ETH 3016.79
USDT 1.00
SBD 3.71