RE:RE:RE:RE:RE:RE:RE:Pure Global is Fully Funded ! Cha Ching!Toelder wrote: Thanks for your answer and the link!
It is definitely nice to hear a different point of view. Personally, I have no real experience regarding inhouse growing so it is difficult to compare.
But IF you are right, I still believe their numerous high quality pharma CBD products that they will deploy globally, will give them enough margins to get nice revenues. That would bring the share price much higher than the 0,23 (!!!) CAD right now..
No problem. Indoor grows are very different than greenhouses or outdoor. Generally speaking, indoor is able to produce a higher quality product because of the controlled environment. And it is able to produce a much higher volume per square foot vs. most greenhouse setups.
But all indoor grows are going to be pesticide free. All indoor grows have the ability to be organic. All indoor grows are using "nasa developed technology".... that nasa developed decades ago (unless they are using soil).
Pure did get a patent on their multi-ponic system. But there are tons of aero, hydro, multi systems out there with patents on them. Its not that special of a thing.
Basically they are trying to invent a better mousetrap in an extremely established sector. ---
And I never said Pure was not going to appreciate, or that people should not invest.
Pure is more than just a grow operation. They are a brand, an oil extractor, and plans to get into topicals/edibles/etc., plus the CBD side of things.
If someone is investing in Pure, is should be for all of that combined imo.
But dont be fooled into thinking their grow technology is some type of industry changing innovation.