RE:RE:RE:RE:RE:RE:Two truths you need to hearI’m sorry, you will buy back in at 13.00? Ok, be my guest. I’m all in at around 30,000 shares at 50 cents a share right now. Why do you ask? Well.....
1) Its operating in a fully legal market as one if the largest producers and retailers in Las Vegas. The city of sin. I would hazard a guess that more than a third of the population and the tourists engage in risky behavior. Las Vegas gets approx 40 million visitors a year through tourism and gambling and people imitating hangover 1 and 2.
2) Its expanding through mergers and aquisitions into California, a under supplied state with an equally large consuming population.
3) The American market is valued at 50B as a conservative estimate when all states are legalized and engaged in fully recreational markets. Thats not chump change.
4) TGIF is a canadian company, can use point of sale transactions, keep bank accounts, and gets a competitive corporate rate for taxes versus american pot companies which can’t so it has a massive advantage in the space. If 90% of the mj companies in Nevada don’t merge with TGIF I would frankly be surprised.
It has only been in operation one quarter so far before this one. I’m gonna wait and see how they did this quarter before I take the word of some idiot off the internet. Yah, the stock dropped but so did everyones stock, apple dropped.... you gonna tell me not to buy ipods now?