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Bullboard - Stock Discussion Forum Pure Global Cannabis Inc PRCNF

Pure Global Cannabis Inc is a growth-oriented life science cannabis company led by experienced pharma-industry, horticultural and supply chain experts.

GREY:PRCNF - Post Discussion

Pure Global Cannabis Inc > im totally confused on this stock
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Post by jg75123 on Jan 21, 2020 3:08pm

im totally confused on this stock

Fully permited and licensed
operational, growing, harvesting, producing flower,edibles,concentrates ,oil. GMP certified.
and $11M market cap?????
they should be able to sell $11M this year. how is this stock priced at what will likely be 1 times earnings and other companies are 10-20 times...
Does the market have something againts these guys? are the shady? did they srcrew up somehow? or is the market just not aware of who they are?
anyone can help clear this up for me?
Comment by DueDiligence90 on Jan 21, 2020 6:30pm
I think a lot of us are wondering the same thing. CEO says non-dilutive financing is close, although he said that in early December. Maybe they are timing a few NR's with a rise in the MJ sector. Lots of people predicting a bull market is near...could be 2 weeks, could be 6 weeks. But I do see it shaping up.
Comment by Smokeater2018 on Jan 24, 2020 11:27pm
This post has been removed in accordance with Community Policy
Comment by burnout29 on Jan 26, 2020 4:59pm
This post has been removed in accordance with Community Policy
Comment by Toelder on Jan 22, 2020 8:03am
This is how a 10bagger begins. Management is responsible, there were no bad NR's ever (!). Try and compare that to other companies.. So the only reason the MC is this low is that they are still flying under the radar and that's because they are still at the beginning of production, extraction, branding and white-labeling. But Pure has a lot of potential and with good NR's coming (I ...more  
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