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Industrial marijuana concept stocks Chengzhi shares suggest investment risks

March 15, 2019 08:32
source: China Securities Network

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Summary
"Shengzhi Shares" announced on the morning of the 15th that the company's share price has risen 46.51% in total for four consecutive trading days. The company reminds investors that the current domestic industrial cannabis products are used for export. If the international macroeconomic situation cannot continue to be good or fluctuating in the future, it will lead to adverse changes in the industrial environment of industrial cannabis, which will result in the production and operation of the company. Negative Effects.

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  Chengzhi sharesMorning on the 15thannouncementThe company's share price has risen 46.51% in total for four consecutive trading days. The company reminds investors that the current domestic industrial cannabis products are used for export. If the international macroeconomic situation cannot continue to be good or fluctuating in the future, it will lead to adverse changes in the industrial environment of industrial cannabis, which will result in the production and operation of the company. Negative Effects. Domestic industrial cannabis production is a licensed production industry, and industrial cannabis cultivation, extraction, processing and sales involve administrative approval. In recent years, some domestic regions, including Yunnan Province, have successively introduced policies to allow the development of industrial cannabis industry. However, it is not excluded that the future state may adjust the relevant industrial policies, so as to follow the normal promotion of the Yunnan Hanmeng industrial cannabis processing project or the operation after the project is put into operation.PerformanceBring a large uncertain impact. After the project is put into production, if Yunnan Hanmeng Pharmaceutical Co., Ltd. fails to maintain and upgrade its technical level and management capabilities, effectively expand the market and control costs, its operating efficiency will face challenges from domestic and foreign competitors.

(Article source: China Securities Network)

                (Editor: DF398)

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