The Canadian Bioceutical CBICF

New Investor

[rsteve6]

Hi guys,

I have done some DD here but am certainly not done. I understand the position that these guys currently have in the market to be operating a chain of despensaries. That chain seams to yield about 3.5 mil recursive revenue per quarter with this infrastructure base. They are rolloing out more dispensary locations to increase this market penetratation. As for market diversification they also grow some of their own weed and are wholesaling it to their dispensaries. There are also some subsidiaries wrapped into this which total about 900k per quarter, recursive revenue.

Growth opportunities:

1. The additional dispensaries
2. More growth of marijuana products and wholesaling them through their own and other dispensaries
3. Whatever the plan is with the 25 mil + cash that they just raised. 

I am hoping for some more info on this company to determine if I should add to my currently small investment here. I like what I have seen so far. Also I have read this board, I have been invested in so many junior company plays including MJ and non MJ (even dating back to the gold bullion days) this kind of sell off happens. It doesn't mean anything negative about the company, just means that the investor has chosen to sell. He might be the one buying into the 25 mil private placement, because the options allow him to leverage his investemnt for greater growth. happens all the time. Look at TGIF and SL this happened for a long time to both of these companies and they have both done very well. 

I will contribute my fair share to knowledge here from this point on.. just hoping somebody can save me some time on DD. 

Thanks!