GREY:CBICF - Post by User
Post by
CarbonBigFooton Dec 14, 2017 10:40pm
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Post# 27161747
Reasons I like this company!
Reasons I like this company! So why are we at .40 cents ???
- Leadership position in strong and growing Arizona medical market with highly profitable operations
- Multi-state strategy, with operations in Massachusetts and pending acquisitions in Maryland and Nevada
- US$38mm equity capital raised in early 2017
- Strategic equity investor in Hi-Med, LLC, which has also provided a US$25mm revolving credit facility
- ACMPR applicant
- Organic growth with existing Arizona operations, including additional dispensary openings under the Health for Life brand and expansion of MPX concentrates brand
- Additional acquisitions in AZ, including pending transaction
- Expansion into additional states, with pending acquisitions in MD and NV
- New development in high-potential, early-stage markets with strong barriers to entry