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Nutritional High International Inc. Ordinary Shares C.NHL


Primary Symbol: SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.


OTCPK:SPLID - Post by User

Comment by PCR1917on Dec 28, 2017 9:46pm
366 Views
Post# 27242449

RE:Quarter billion market cap

RE:Quarter billion market cap
Ecrevisse wrote: Absurd.  All these plays about to implode.  No sales. Nothing.  Harsh lessons coming soon.


I understand your point but you're wrong. There currently is a $5 billion black market that is about to go legal. Someone will benefit from it and there are not a lot of big companies already established in California. Companies like EAT and CRZ are in very good position to capitalize on Cali recreational market in the short and long terms. Lets say they just can get 2% of this market this year, that would mean $100 millions in sales, which could justify a market cap of 6 times this number in a high growth sector, so $600 millions, which is still double from where they are now. In other words, there is still plenty if room to grow at this point, contrary to Canadian LPs in my opinion.
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