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Eco Equity: Analyst expects rapid move to profitability and cash generation at Zimbabwe facility

Proactive Research analyst Ed Stacey discusses Eco Equity which he says has established a unique position within the fast-growing market for legal cannabis. The company is in the process of developing a 30,000 square metre facility for the cultivation of cannabis and extraction and refining of cannabis oils and says the first small scale crop harvest and first revenues should be realised in 2020 leading to a ''rapid transition to profitability and cash generation thereafter''.

 

Click here to read Ed's initiation note on Eco Equity

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Eco Equity advancing build of medical cannabis facility in Zimbabwe and...

Eco Equity's Jon-Paul Doran updates Proactive London's Andrew Scott on the progress they're making in Zimbabwe as to the build and construction of its state-of-the-art facility to grow pharmaceutical-grade cannabis. ''We're about 85% of the way towards completion on the foundations for the...

on 19/5/20

2 min read