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MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.


GREY:MYMMF - Post by User

Comment by Tambo264on Oct 30, 2019 10:04am
169 Views
Post# 30286103

RE:RE:RE:Trolls

RE:RE:RE:TrollsI'll take this one Solid...

The Laval facility getting its license is the tip of the iceberg for the long term plans of MYM. The process has been slow, and I believe that Health Canada has a bias in granting these licenses to certain producers over others in a timely manner, MYM has been shafted by this process. When they receive the Laval license, it will re-legitimize them as a company, and add some clout to their future growth endeavors.

If you are going to sit there and talk about the mismatch in market value over production revenues and value of assets, you might want to compare a few other pot companies before you call out MYM as an outlier... MYM is an outlier on the low end if anything. Think about the industry multipliers that are being used to value the big boy pot stocks that the banks are jumping on board with, unprecedented future valuations...

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