GREY:CAAOF - Post by User
Post by
JavaJoeyon Mar 31, 2019 10:01pm
213 Views
Post# 29561897
Hey McFly Is Anyone Home?
Hey McFly Is Anyone Home?I get it. There are like 50 MSOs and everyone is trying to pick the best one.
Great! I'm not saying anyone should pick CBIS as their only MSO, but they are a pretty good hedge.
Take a look at at MMEN, IAN, HARV, CL, CURA, ACRG, etc..
What is the major theme of all these MSOs? They are mostly pre-revenue licenses with very few of the top line forward looking revenue actually in place...
Now we got my guy Jeff here over at Bertram Capital... Whats his plan? He thinks all those $10-20M dispensary companeis (yes, they all think their dispensaries will be doing over $10M) are fooling investors...
You see, in the state of Colorado, we see what full rec looks like... Its mostly $500k to $3M dispensaries... It ain't these $20M dispensaries the fools at MMEN, GGB and IAN are talking about..... Its people, going to the place around the corner and buying the products they like for the price the like... Period...
That ain't going to look like $20M dispensaries all over the place...
That is going to look like liquor and beer stores..
My point is, having some OPERATING COMPANIES in your portfolio of MSOs ain't such a bad idea...
Now Im gonna sit back and drink a cup of Joe...
Peace Out,
JJ