Governments around the world will soon officially "sell" weeds
notes from BOA Global Research before its earning on 02/09:
" FY21 has been a transition year as it resets its strategic focus, rolls out a new organizational design and implements operational and supply chains productivity prgms. We look for a progress update on its reset, COVID’s impact on its business, strong growth in the value segment, along with a review of its cannabis 2.0 pipeline and thoughts on US legalization. On Nov 20, mgmt indicated its plan to provide medium-term targets in 3Q21 results in February."
" FY21 has been a transition year as it resets its strategic focus, rolls out a new organizational design and implements operational and supply chains productivity prgms. We look for a progress update on its reset, COVID’s impact on its business, strong growth in the value segment, along with a review of its cannabis 2.0 pipeline and thoughts on US legalization. On Nov 20, mgmt indicated its plan to provide medium-term targets in 3Q21 results in February."
Comment:
profit taking between now and Mar may be an opportunity for short-term trading.
