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VRNOF for 2H 22

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Michael Meltzer
(@eyedoc08225yahoo-com)
Eminent Member
Joined: 5 months ago
Posts: 11
Topic starter  

Reading over Q2 VRNOF CC, see they will be cutting 2H 22 CapEx by about $50M. As they fund their CapEx from revenue cash flow, more will go to bottom line 2H. Add on ramping up of NJ and I expect real strong 2H upside from Verano.

 


   
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D. H. Taylor
(@dhtaylor)
Noble Member Admin
Joined: 2 years ago
Posts: 1053
 

Verano is one of my favorites, as well.  But, they don't get the love of the bigger MSOs.  Yet, they are packing more of a punch. VRNOF stock will light up throughout the rest of this year and into next year.  But, I still want to see federal legalization and then up-listing to the bigger exchanges as a must-do for these mid-sized cannabis companies.  That will bring in the bigger investors.  


   
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