Mackie Research Initiates Coverage of Harvest One Cannabis

Mackie Research has initiated coverage of Harvest One Cannabis (TSXV:HVST), a Canada-based cannabis company with properties in BC and Saskatchewan that is in the process of obtaining its sales license.
“[Mackie Research] Analyst Greg McLeish gives the company a buy rating and a 12-month target price of $1.00, a premium of 45% to the $0.69 price on September 20th, the day the report was issued.”
Harvest One’s flagship property in Duncan, BC sits on 13 acres of land and boasts a production rate of 1,000 kilograms a year. McLeish anticipates that Harvest One should have its sales license within 60 days of when the report was issued.