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Emerald Health Therapeutics, Inc. (EMH.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.3350+0.0100 (+3.08%)
At close: 3:59PM EST
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  • S
    Ster
    Just the beginning.. lot of cash and investment opportunities. Denmark, Sweden, USA.. can’t wait for earnings
  • W
    Wonky
    Just read the news about the shut down in Vancouver. My take is this:

    they probably figured they couldn't compete with regular cheap MJ. The facility in vancouver was making that stuff. So they consolidated to focus on the premium stuff and medical and will focus there. That stuff is made in Quebec.

    By hunkering down in Quebec, they can save expenses and get to profits more easily by selling better stuff.

    They also reduced the number of people needed to run this operation, so there will probably be some minor layoffs.

    This seems to probably be a smart move. But that's just my 30k feet observation. I could be totally wrong.
  • R
    RSM
    "Emerald will continue to operate its St. Eustache and Victoria facilities as well as its separate, purpose-designed R&D facility in Greater Vancouver." Does anyone know what size and how much production these "facilities" represent?
  • A
    Aaron
    I am very confused. EHM fought tooth and nail to keep that facility when they could have sold all growing operations and thrown into PSF to supply them. Now PSF sold. Verdalite attempted sold and retracted. Vancouver closed? How can you provide high quality mj medicine if you are not growing and controlling your stuff????
  • K
    Kurt
    It looks like perhaps they are going to keep Verdalite facility and close Vancouver. They need to get the business right sized and profitable to stabilize share price. Grow supply will match demand very quickly with 50 new dispensaries opening a week in CA.
  • T
    Tim
    So with all this cash do we trust management? Maybe invest in bitcoin since we are not growing weed anymore?
  • J
    Jason
    The upside is another 5 million shares change hands over .35 cents.This helps to create a stronger bottom for us long holders and shakes out short term players.Just hold long and do not panic.This company is in good shape with a strong balance sheet.Good things are coming.Tough day for the whole sector but no surprise.
  • B
    Brittany
    Only 🆙 from here...

    Emerald Health Therapeutics Receives $20.5M Payment from Village Farms and Outlines Growth Plans

    VANCOUVER, February 9, 2021– Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has received from Village Farms International Inc. $19.9M plus $621,534.25 in interest, representing full repayment of the promissory note issued by Village Farms to Emerald as part of its purchase of Emerald’s interest in the Pure Sunfarms joint venture which closed in November 2020. This was the final payment due as part of this transaction.
  • J
    JamesBond
    Made up my mind, staying put, too much invested and still long.
  • A
    Anthony
    Can I get some advice
    I’m holding
    3,691 share
    @ $4.79 since 2018
    Costed $17,679

    If I buy 160,000 share
    @$0.35
    My avg will be $0.45/share

    Then I will only need a 0.10cent gain to break even and not be down $17k anymore any advice guys. Just 21 and not an expert at investing?
  • H
    Harry Bawls
    Chill, Normal pullback, totally expected. The whole MJ sector shorts have been running for cover.

    MJ Stocks may doble soon.

    Good Luck!
  • J
    Jason
    This is a gift to get in at this price.Look at the fundamentals,this company is poised for growth.Hold Long and you will be rewarded.
  • H
    Harry Bawls
    “ We are also actively pursuing new business initiatives in Canada and the United States to further leverage our innovative product development capability and intellectual property portfolio."
  • b
    bhavin
    There you go believe you moves because Market pays to those who have patience for long term Investments investments.

    I didn’t say that but its a life changing advice.
  • J
    JamesBond
    What a start!!!!!
  • C
    Christian Mercado
    Let’s push this stock even higher. I’ve owned this stock for 3 years now and will own for many more. Let’s push this stock over $3.00 where it belongs.
  • J
    JamesBond
    Not even noon and we passed one million on the volume. Just amazing how things can change quickly. Let it roll.
  • J
    Jason
    More consolidation at .40 cents is very positive.Hang in there longs.Bright days ahead.
  • r
    rico
    Saves us 4m in operations + Vancouver is expensive as hell.
  • A
    Aaron
    Clean balance sheet. No debt, now just smart future planning. Build the base and grow in a controlled fashion. Here's to seeing a beginning to be profitable quarter over quarter!