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Just before GTEC Holdings (GTEC.V) went public, Equity Guru’s Chris Parry summarised GTEC like this: “GTEC’s growers are genuinely small batch, artisan guys. They haven’t come to market with a ‘We’re going to have the biggest greenhouse in the world’ play.

They’re coming to market with this play:

  1. We already have a grow license.
  2. We have four other late-stage applicants we expect to secure grow licenses.
  3. If any don’t, we’ll roll them into one that does and apply for an expansion rather than a fresh license.
  4. We’re running this like a winery. Quality is everything.

“That means keeping costs low, margins high, and not fighting with every other LP for that sweet Ontario Liquor Board deal that wants a lot of weed cheap and quick. Rather, they’re offering something people will look for.”

In the last 2 years, GTEC has built an expansive portfolio of cannabis companies, includes 100% ownership of: Alberta Craft Cannabis, Grey Bruce Farms, Tumbleweed Farms, GreenTech Bio-Pharmaceuticals, Zen Lab and Spectre Labs.

In this wide-ranging interview, Norton Singhavon, the CEO of GTEC Holdings speaks with Equity.Guru’s Guy Bennett about GTEC’s “Build it, don’t buy it” expansion strategy.

Listen in!

Full Disclosure: GTEC Holdings is an Equity.Guru marketing client.

Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

Lukas Kane

Lukas Kane is a Vancouver-based investor and writer.Previously the CEO of a North American investment news syndicate, Mr. Kane was also the Communication Director for a consortium of resource extraction companies.In the course of his career, he has toured copper mines on the Antagfonasto desert in Chile, potash projects in Saskatchewan, cannabis labs in California and clothing factories in Shenzhen, China. A rudimentary speaker of Mandarin, Mr. Kane’s passions are his family, writing and playing football (real football - with the spherical ball).

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