Alexandchoy wrote:
APP closes MASSIVE deal with Malta Based cannabis cultivator
APP Saas blockchain cannabis tracking platform will generate CDN $.20/gram with a further potential yield of CDN $.18/gram in future data sales.
Grams cultivated are forecast as 44M in 2022 and 66M in 2023
Lets do the MATH ...
44M x $0.20 = $8.8M - 2022
66M x $0.02 = $13.2M - 2023
= $22M rev 22/23
+
44 x $0.18 = $7.9M
66 x $0.02 = $11.8
= $19.7M potential additional data rev
That’s up to $42M rev from this one deal and current market cap is $46.5M
I would explain more about why I think $APP is a FANTASTIC example of a the power of blockchain but this reddit post that put me on to it does a better job.
I'm already up almost 9% as
•news is beginning to flow for APP
•blockchain continues to be a hot sector
• APP has dipped to unbelievably cheap levels considering the rev numbers announced today from 1 deal alone.