Oversold

23 nov 2020

I am willing to wager that OGI won't go much lower with many MJ-sector events coming up in the pipeline, including Mexico legalization; MORE act passage in the House; Georgia senate elections. Moreover, OGI's combined cash, assets, and revenue puts their current market capitalization in the cheap - your not paying any premium for future growth. In today's world of 1000 p/e ratios, I'd say that this is an anomaly that won't last very long. I could see OGI benefiting from a regional east coast play if the US does decriminalize as well. We will see how they play the long game, but for the short-term they are a powder keg beside a raging fire.