RE:RE:Best advicemakingmoney1 wrote: Well the difference is that MMJ has a couple million in assets, no cultivating license, no sales license, and a 13,000 sf facility that is pretty outdated in a market where every new LP is building 100,000-1,000,000sf facilities. Plus the facility isnt built yet. So why are they valued at a 57 million dollar market cap? If the mj sector has a selloff around christmas (tax season), this stock will be hit hard. Do the math guys. HIP for example is only 3x this market cap yet it has a 200,000 sf facility, another 13000 sf facility, 20 million in assets (10x mmj), a cultivating license, and will get a sales license well before this company will. It will also be getting another 9.5 million from cmed when ACB blocks the deal. And last but not least it is endorsed by the tragically hip, and they're partners in it. So like I said..do the math, because this stock looks like a classic pump and dump until they get way more under their belt.
Honest question, .
Have you done any dd at all? Or do you just look at the markey cap?
Do you think a sales licence is coming?
Do you think they will not expand on theirt 13000 square feet?
Are you a friggin idiot?
I think the last three questions are YES