SP perspective It seems MGW is severely undervalued for what the company offers.
I came across MDM which is trading at 1.50 and is comparable to MGW in terms of debt and operations
MDM @ 1.50
- WA - Working with a license holder to produce MJ and expanding operation capacity
- NV - BUILDING (not even ready) a facility and applied for a license
- Canada - applied for MMPR license, not at security check stage yet
Basically, way behind MGW on NV and Canada, and is working under a similar arrangement (due to restriction that MJ licenses cannot be held by out-of-state companies) in WA. Debt is comparable at ~7m.
MGW @ .50+
- CA - Producing and working towards expansion on first site, plus deployment in San Diego.
- NV - Closing a property deal (any day now) and completing license transfer within 30 days.
- Canada - In Stage 4 of licensing application.
Looking at this comparison, there's no reason for MGW to linger around .50c. Just need a little patience to send this over the one dollar mark.