GREY:ISCNF - Post by User
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LatAmBullon Dec 03, 2019 10:12am
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Post# 30416928
IMCC further along than IPOT; $10 million of 2019 revenue.
IMCC further along than IPOT; $10 million of 2019 revenue.If you are interested in the Israeli cannabis space, I highly recommend you check out IMCC.
Valuation is very cheap relative to IPOT given 2019 run-rate revenue of ~$10 million in Israeli market + EU market opportunity through German distributor ownership. Company has built leading IP, strong brands, and has a highly credible management team. Company has built leading IP ovder last 10 years, has strong products/brand, and has a highly credible management team.
IMCC/IPOT trade at a similar valuation but IMCC is significantly further along. Not to say that IPOT isn't a good bet either, but if you are interested in this Israeli/EU opportunity, recommend you check out this opportunity as well.
Link to Q3 earnings release: IMC HOLDINGS INCREASES CONSOLIDATED REVENUES BY 70% IN Q3'19
https://www.stockwatch.com/News/Item?bid=Z-C%3aIMCC-2840709&symbol=IMCC®ion=C