Christina Lake Cannabis Receives C$129,000 Order For From A Licensed Producer

In recent times, a wide range of online platforms have become reliable sources of information with regards to stock market investments and one such is YouTube.

That being said, it should also be noted that investors should be aware of the sources which are reliable and which are not. Hence, it is necessary to go for YouTube channels that actually have a track record of providing reliable information.

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At this point, Rich Tv Live is definitely among the most reliable YouTube channel for stock market investors. Over the course of the past year or so, the channel has profiled a wide range of companies across sectors and has also introduced investors to a large number of under-the-radar stocks. In its latest video, the Rich Tv analyst went back to Christina Lake Cannabis (CSE:CLC) (OTCQB:CLCFF) (FRANKFURT:CLB), a company that has been profiled extensively and looked in a new breaking news story.

Key Development

There was major news with regards to the company back on May 4 and hence, it was no surprise that Christina Lake Cannabis was covered by Rich Tv in the video.

On the other hand, it is also important to point out that investors could also do well to go through the channel’s archives in order to get an idea about the sort of analysis that has been done by Rich Tv with regards to Christina Lake over the past months. The company announced that it received the first purchase order for its distillate from a licensed producer.

The purchase order is worth as much as C$129000 and represents a major milestone for the company. However, it is also important to see if the latest development has a major effect on the Christina Lake stock or not.

The Rich Tv analyst was looking into the price action of the stock in reaction to the news and during the course of the video he stated that he believes that the stock could go on to hit the $1 levels eventually. It now remains to be seen if the stock can do that but in recent months there have been plenty of key developments that have created considerable enthusiasm among investors with regards to the Christina Cannabis stock.

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