Growth investing is no doubt one of the most profitable ways to build wealth over time. The art of hunting down small cap companies with innovative business models and tons of growth potential can potentially reward you with massive gains if you are willing to ride out some volatility along the way.
Cannabis Stocks are massively oversold. A bounce is coming. Fear has gripped the markets to such an extent that anyone left with a sober mind sees opportunity across the board. Bears are going to hibernate for a couple of weeks. That means it’s time to slowly start buying cannabis stocks that havent got the interest they deserved. Whatever happens, the economy will bounce back, and the stock market with it.
There are plenty of good reasons to consider adding shares of City View Green Hldgs Inc. (CSE: CVGR) (OTC: CVGRF) considering the fact that the company has massive growth opportunities in the fast growing cannabis industry.
City View Green is a leading cannabis-infused food company focused on the development of food brands, extraction, and distribution. Upon the anticipated receipt of its Cannabis Act processing and sales licences (“Cannabis Licences”), City View will incorporate cannabis-infused food production and extraction at its Brantford, Ontario facility. Once operational, it is our expectation that City View will produce high quality cannabis-infused food, oils, distillates, and water-soluble products for the food and beverage markets. In addition, City View owns a 27.5% stake in Budd Hutt Inc. (“Budd Hutt”), a retail-focused cannabis company with access to cannabis cultivation and production licences in Alberta and other retail opportunities across Canada. Through its relationship with Budd Hutt, the Company anticipates securing shelf space, product placement, and distribution opportunities for City View’s products.
4 good reasons why City View’s shares looks undervalued:
- Budd Hutt has opened its second retail cannabis store in Grand Cache,
Alberta. Budd Hutt has hired experienced staff and expects the Grande Cache store to perform well as the only retail cannabis store in the town of Grande Cache with shopping and other amenities nearby. Budd Hutt continues to pave the way to open the next store in Vermilion, Alberta in June 2021. (First store was opened recently in Morinville, Alberta)
- The Company’s wholly-owned subsidiary, 2590672 Ontario Inc. (“259ON”), a licensed producer under the Cannabis Act, has received a processing licence from Health Canada effective April 30, 2021 (the “Processing License”). The Processing License allows 259ON to produce cannabis edibles and related products and will also allow the Company to conduct development activities, including the formulation of proprietary cannabis infused
- City View’s state of the art, scalable Selmi chocolate line arrived at the companys
Brantford, Ontario production facility from Italy. Fit and installation will begin immediately, enabling City View to move to the next stage of edibles development and production planning with the companys licensed producer clients
- Recent Launch of its hemp-based dog treats under the brand names Thera-Snax™ and Pawsperity™. The launch of branded dog treats marks the first milestone in the development of a range of hemp and cannabis infused proprietary brands being developed in several food categories by City View. The Company’s research driven approach is being applied to pet wellness which will
bring the benefits of hemp to pet owners.
City View Green Hldgs Inc. has a strong business model, and with the company focusing on opening more cannabis retail stores, we could see a lot more growth in the years to come.
Any investor who avoided City View Green Hldgs Inc. (CSE: CVGR) (OTC: CVGRF) over the past twelve months would be well served to take another look. Right now could well be the opportunity you’ve been waiting for. But if you wait until the money is rolling in, the share price will likely have already risen to reflect a more traditional valuation and the opportunity for huge gains will be gone.
For more information visit www.cityviewgreen.ca.