Life is easier for most retail investors these days since there is a lot of reliable information about companies that are available for free all over the internet. There are plenty of platforms to choose from and if you are someone who likes YouTube then RichTV Live could be one of the best possible options.
The channel has grown steadily in recent times and largely because of the fact that it provides reliable information to investors on a plethora of companies on a daily basis.
In its latest video, the RichTV analyst looked into Discover Wellness Solutions Inc (CSE:WLNS), the Canadian cannabis company. In recent times, the cannabis sector has made a bit of a comeback and in that sort of situation, it could be worthwhile for investors to start tracking Discover Wellness.
By way of its subsidiary, the company has the Canadian license to operate at every stage of the cannabis business. Discover Wellness is involved in unlocking value for its shareholders by creating competitive advantages through effective cost management.
However, that is not all. In addition to cutting costs with regards to processing hemp, the company is also involved in setting up an extensive distribution system in place. At the end of the day, many cannabis companies suffer from spiraling costs and the lack of an effective distribution network.
In this regard, it should be noted that Discover Wellness not only owns a massive hemp processing plant in Alberta but has also set up a key partnership. The partnership in question is with SynerGenetics Bioscience, which can give the company a significant edge through advanced plant genetics technologies.
SynerGenetics is well known for developing unique strains of the hemp plant and if it manages to do it for Discover, then the company could get a leg up on its competitors in a big way. Hence, it was not a great surprise that the company was the point of focus for RichTV Live.
The channel has been known for looking into companies across all sectors that might not be particularly well known and maybe a bit under the radar. It is still a relatively new company and hence, there lies an opportunity for investors to perhaps get in early.
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