Post by
OntheUpnUp on Aug 18, 2017 4:00pm
Doughja
While this is pretty speculative at this point, this brand could shine the brightest over the next few years. Instead of paying 1.5mmm market cap for WEED, id rather take the chance to lose my initial investment in DOJA then wait for revenues to catch up to the big guys' crazy multiples. The space is already getting crowded by growers but this is one of the few that is taking a diff route by focusing on: brand+lifestyle+culture=high margin products. This focus could bode well for millennial revenue growth IMO. I respect the CEO for his SAXX success and am looking forward to the ride along. At this point, downside is low (as only allocating a small part of the portfolio) as mkt cap is micro but upside is limitless.
Comment by
junkyardawg on Aug 18, 2017 10:28pm
OntheUU totally agree with you. I too am looking at investing here. Only makes sense. They have experience building a successful business. They know what people want and how to sell it to them. The big guys will not have the multiple increases the companies just starting will have.