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CLS Holdings CLSH stock Forecast & Analysis

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(@dhtaylor)
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Joined: 3 years ago
Posts: 1202
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CLS Holdings CLSH stock is a vertically integrated Nevada-based cannabis company.  CLS Holdings is at near breakeven EBTIDA profitable with…


   
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(@cannabisinvesting69yahoo-com)
Trusted Member
Joined: 1 year ago
Posts: 113
 

Hi D.H.

CLSH did a reverse split and share price has been tanking like almost every cannabis stock.

Simply Wall st website shows this company as negative shareholder equity, and gives it zero out of 6 rating on financial health.

Do you think CLSHD is a buy at current price levels, one to watch, one to run from,(?)

3 bullet points on CLS holdings that I like, but I dont know how significant they are, as far as any value they might have.

1. Name brand recognition. I think its good, based on an article, but I have no way of knowing how good it is now, what specific brand and products, etc,etc.

2. environmental friendly packaging.  I have been reading articles about how much plastic is used in cannabis packaging, and pointing out how bad it is in this industry.  This company, seems to be very concerned about the environment, and not just giving lip service to it.  Re: video on website

3. Proprietary assets like extraction process. 

 

 

 


   
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(@dhtaylor)
Noble Member Admin
Joined: 3 years ago
Posts: 1202
Topic starter  

My first thoughts are: Why CLS? Of all of the stocks out there, and there are about 100… why this one? The thing to do is always put the odds of success in your favor. CLSH is doing what all cannabis stocks are doing, putting together a foundation that will build up to something far bigger. But, CLSH is also behind others. There are some that are going to accelerate past these guys. I’m not saying this stock does not go higher. But, will be one of the top performers? Probably a solid performer simply because the are putting together the pieces like all other companies. But, others may outpace revenue growth which would likely draw in bigger players once these stocks move higher.
But, at the same time I am well aware of the many, many holdings you already are sitting on. So, maybe simply diversifying beyond these holdings is the motivation. Even then, I am not certain I would put CLSH into the top 25.
The bullet points are interesting, of course. But, I want to see more metrics that show that what these bullet points are translating into conversion into consumer revenue. I look to the goals of environmental sustainability to convert into consumers buying into what they are doing. All of these aspects merit consideration. But, if the consumers is not lining up then there is a disconnect.
I’d look toward other companies, myself. But, you have a far more diverse portfolio and willing to try many areas. And, there is absolutely nothing wrong with that. But, I’m more focused in my strategy. It’s difficult enough simply to analyze and create content on these 100 stocks for this website let alone pulling the trigger and holding on to them.


   
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(@cannabisinvesting69yahoo-com)
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Joined: 1 year ago
Posts: 113
 

I thought CLSH was setting up for a possible quick trade. It went up over 88% today, while much of the market tanked.

If CLSH's name brand recognition has significant value as an asset, I think it might make them an acquisition target. I have no way to know that.

So, that is why I am watching it so closely, and posting here.

 

 


   
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