Is EXP trading in a Bear Flag?Or possibly a bull flag, but currently EXP is trading at all time lows & down -90% since late 2017 highs, so there's merit for a contrarian bottom fishing buy here.
I recently bought one of their premium flower brands "Citizen Stash Mac-1" & its THC content is 25.6%, which is the highest I've seen on the legal rec Canadian market & I've been in dispensaries all across the country legal & illegal for the past 5 years.
For comparison, Aphria's Broken Coast brand has been my favorite on the legal rec market in Canada & has won top awards at the Canadian Cannabis Awards, but the highest THC content I've seen is well under 20% with an average of roughly 16% for each of premium Indica strains like Gabriola, Quadra & Stryker. I've noticed the Stargazer Sonora has a 24.9% thc content on Aphria's website, but I don't like Sativa & I've yet to see it in dispensaries.
Anyway, if EXP can get the Mac-1 & other newer strains under the Citizen Stash Brand in dispensaries across Canada they will easily become the #1 premium flower on the market, and potentially become a buyout target from much larger LP's looking to find premium flower brands that are selling to add to their portfolio.
citizenstash.com
