Desjardins initie la couverture avec un prix cible de 0,90$. L’action se transige actuellement à 0,25$.
As investor fatigue sets in on the cultivation segment, we introduce the extraction segment as a means of gaining exposure to the fast-growing cannabis sector, which we believe also offers lower risk. Extraction companies offer better sales visibility, limited downside margin risk and a faster path to positive EBITDA compared with the cultivation segment. With the upcoming launch of edibles in Canada, the sector should be well-positioned to benefit from this new sales growth catalyst.