GREY:CHALF - Post by User
Comment by
Boolishon Oct 15, 2015 6:57pm
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Post# 24196052
RE:RE:RE:just a heads up
RE:RE:RE:just a heads up
If you can't recognize this as a very strong deal I'd encourage you to give up on the capital markets. lol Look at recent numbers for Colorado. "For the first time since marijuana legalization went into effect in January of 2014, monthly sales have topped $100 million. According to just-released figures for the month of August, recreational marijuana accounted for $59.2 million and medicinal marijuana made up $41.4 million of that figure." Oregon just went recreational. As you can see from the Colorado numbers recreational use now accounts for 60% of sales. GLH was doing 1.2 million a month before the state went recreational. There's a reason they were able to raise cash for 1.30 CDN/share.