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DXBRF - Khiron Life Sciences: Benefiting From Dixie Brands Partnership
Dixie Brands Inc
In early 2019, Khiron Life Sciences (otcqb:KHRNF) announced a joint venture with Dixie Brands (OTCPK:DXBRF) and the stock has soared >30% since the announcement. While we think there are risks of a major pullback in the near-term after a 100% surge since December 2018, the latest partnership is another sign that Khiron management is one of the best in the industry and execution has always been a key differentiator for this stock. We remain the view that Khiron represents a unique LATAM cannabis play and a core long-term holding for the