CADMF - Chemesis International Is Still A Special Situation Weed Stock To Watch (But Not Buy)
Investment thesis
In my article of 10/27/19, I stated that I expected the oversupply of product would negatively affect the price of cannabis in 2020. I also said that the upcoming industry shakeout would materially affect valuations and may result in widespread consolidation and business failures. This article discusses how Chemesis International Inc. (OTCQB:CADMF) has weathered the challenging environment of 2020, which has been stressed by the COVID-19 crisis. Although the company has made strides in addressing several serious financial and operational issues and has a compelling value proposition, I am maintaining