GREY:GGTTF - Post by User
Post by
MoeMoney101on Jul 20, 2018 12:10pm
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Post# 28344893
Index Valued @ 20 Billion - Loss 50% in 6 months BUY NOW
Index Valued @ 20 Billion - Loss 50% in 6 months BUY NOWSo, the marijuanaindex.com lost 50% of its value in the last 6 months to 20 Billion$.
That being said, the marijuana space is expected to sell 22 $ billlion in Marijuana Goods and related products by 2020. To put it simply, If you include the multiple of sales to revenues the estimated value of the index will (22 Billion in sales) with a margin of 30% and a multiple of 16 X will equate to an evaluation of over 100$ billion dollars for the index. This dip or sell off will be short lived/