GREY:MRRCF - Post by User
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UniverseofLimeson Sep 24, 2017 10:10pm
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Post# 26736094
RE:RE:Hard to believe MARI is still so low
RE:RE:Hard to believe MARI is still so lowThink you are spot on MiikD, as there is lack of awareness on MARI, and I am okay with that as I feel pretty good about my entry point on this stock. Digging up some DD on MARI has been a bit more of a challenge than most of the other marijuana stocks, but glad to be a shareholder with what is coming. I have to laugh though as they do not even have an investor presentation on their website and if you look at the content under the Ebersbach Facility you will see ONE small poorly written paragraph about the whole operation.
MiikeD wrote: I'm no expert, but my assumption of why we're "still so low" is due to a combination of dissapointing financials, failure to disclose info from CEO, &
lack of overall awareness (the major cause). Don't get me wrong, the future looks bright and I'm bought in and all.. but I don't think well be shooting for the stars until we've completed expansion, and make the Maricann name and brand more public. I feel they still need to find their niche.. IMO
Also I find it somewhat difficult to find info on the company, making it more difficult to do proper due dilligence. Haven't heard of any news from Germany in a while either. Anyone have good info to share?
truestar2 wrote: I would think that after the Private Placement closes next Friday and the company is allowed to disclose positive news, (not during a financing), that this will move back to 1.60 and then start moving higher. I haven't missed a day of buying since it hit 1.10. With 120MM Market Cap including NanoLeaf this is a third the price of Supreme and Cronos and is a much better company with much better prospects. I hope it stays low next week but at some time in the near future this company will be repriced a lot higher. Cannacord didn't give it a 5 dollar target without DD