$APP Dipping, undervalued at these levels IMO
$APP is getting cheaper by the day. Only a $29M market cap here at $0.1550 per share. This is extremely attractive as they’ve already closed a $40M+ revenue deal with Herb Industries in addition to recent improvements in their balance sheet (https://www.thenewswire.com/press-releases/1AG9FaZeO-global-cannabiss-improved-balance-sheet-prompts-close-of-private-placement.html). The news also states that the close of the private placement has returned 13M shares back to the treasury.
Found this short video that also helps explain what $APP actually does for the consumer and the grower. https://twitter.com/buyinsnet/status/1387389653573988353
And I also saw this great Q/A with Brian Collins which was live yesterday, check it out https://www.youtube.com/watch?v=83bhT5b9poY
I’ll definitely be adding during this dip because $APP has huge potential in the rapidly expanding cannabis market. Efficacy and safety are two huge concerns for many cannabis users but $APP’s products and SaaS services are aimed to improve those two aspects. Additionally, $APP is can be implemented anywhere on Earth as it provides software solutions that can be easily tweaked depending on the local regulations and laws. The company is well-positioned to take advantage of the rapid growth of the legal cannabis industry. I’ll be holding for the long term.