Title says it all. Medium term (3 - 4 month) price target of $23.54 per share. I plan on waiting for implied volatility to top off next week before opening December puts on Friday morning. I will monitor the performance of this trade.
Comment:
Marijuana isn't the only green CGC enjoys burning. Check out their cash burn:
2015: $-26M
2016: $-25M
2017: $-56M
2018: $-257M
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2015: $-26M
2016: $-25M
2017: $-56M
2018: $-257M