FACTS WHY NAMASTE WILL OUTDO LP'S
From what i've been reading in various articles, the majority of them state that LP's will have to justify their stock price with financial performance, not hype. The amounts of debt tied to the average LP is far beyond what they could ever earn in profits....to make it simple. Basically it doesn't make alot of sence that a business can be valued at 20x what it can ever earn.... it's just not feasable. The amount of overhead costs required to start up ..then operate and maintain a large legal marijuana grow operation is massive and the true profits aren't there. Then you have Namaste, a tech company in the marijuana sector that has much lower operating costs and much higher potential for profit and long term growth. With profits coming from the following businesses: med and rec sales from their own warehouse, soon to have large selection from various LP's, huge amts of international vape/accessories sales worldwide, tech deals, namaste md and much more. Variety is key here as well, if one area of the company is down a bit, another may be up, its a nice balance and many areas can be expanded vs an LP that mainly just grows weed. As stated in a past post, Namaste is in a League of its own... they are unique from the rest in this sector. The government has given them a sales license to basically sell marijuana from whatever LP's they make agreements with and possibly international strains. In the near future they will have the largest selection of cannabis and accessories online. With a reasonable share price and much better odds of a profitable return than the average LP in todays market conditions and uncertainty, Namaste has the leg up imo. This huge bought deal that comes due today could make some real magic happen. Then there is the much discussed Nasdaq listing... the potential is there and real, i'm hoping this $45 mil and a reasonably high share price will be enough for them to get listed. If so, that could change this thing forever, even if it takes a month or 2, knowing its coming is worth alot. I have no idea what the sector or Namaste will do today as far as price goes. Anyways, these are the reasons i believe N is a better investment than an LP. Should be an interesting one today, hope everyone makes a few bucks, cheers for now