RE:RE:RE:Sutton Exercises WarrantsStockPicker1234 wrote: Thanks for sharing this article, it validates exactly what TGIF is doing and that is:
1 - To grow the business as much as possible (by cultivation space, product and dispensary distribution) in 2018 via aquisition/partnerships because no other recreational MJ competitor is allowed to even enter into Nevada until January 1, 2019
2 - Expand foot print into California likely via an acquisition
3 - Enter into Canada before summer 2018 legalization likely via acquisiton or strategic partnership
4 - Achieve profitabilty in 2018
After these 4 key initiatives are achieved in 2018 (which you can bet it will), it will perfectly align them up for sale to a motivated buyer for top dollars that will warrant in my mind a sp premium between 50 - 75% overnight. The timing is perfect as in a year's time, many more US states will become legalized and the US mid term elections will likely reveal a House or Senate majority with the Democrats who are very much in support of Federal MJ reclassication away from Schedule 1 and recreational MJ legalization. At that time, similar to what the ariticle says has happeed in Canada, you will see more private financing companies eager to lend to US MJ companies for expansion but guess what, TGIF will already have consolidated and grown to become one of the largest and most reputable recreational MJ brands in the US. This will result in a major sp premium to all of us. I would guestimate that the sp this year could reach $5 and if you assume that a takeover occurs after with a conservative 50% premium, we could be looking at TGIF hitting $75 by the end of 2018. Those numbers and scenario's are not fabricated but very likely to occur. So many positives for this stock in 2018 that it will (not can) make many of us multi-millionaires! so cheers to 2018!
good post as always, I wish you a happy new year 2018, health first so that you can enjoy the millions that friday night will bring you.
rocksteady for Tgif
big dollars is coming $$$$$$$$$$$$$$$$