Movers and SHAKERS
Driven By Stem (STMH)(STEM:CA)
Stem Holdings: Farm-to-Home Cannabis Provider
Stem Holdings Inc is engaged in the purchasing, improving, and leasing of properties and finance assets which are operated by third parties and are used for the cultivation and retail sale of marijuana. Its properties includes 42nd Street, and Mulino Farm which are used for agriculture. The company generates its revenue in the form of rental income from tenants.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Initiating Coverage. We are initiating research coverage on Stem Holdings. We believe the Company's recent merger with Driven Deliveries has established Stem as the first cannabis cultivator and technology omnichannel retailer with e-commerce ordering and express and next-day delivery.
From Farm-to-Home. With 22 licenses spanning cultivation, processing, edibles, and distribution, Stem is truly a "farm-to-home" cannabis operator. The new home delivery business can leverage off Stem's existing manufacturing and dispensary business and vice versa, while the Company's award winning brands and proprietary genetics provide a competitive edge ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.