Post by
duediligence123 on Jan 19, 2018 1:30pm
This really isn't a new industry by the way....
As many producers have been around for years producing for the medical cannabis industry, but I do understand what you are referring to, which is the recreational cannabis industry. Ok, so DOJA is gonna produce rec cannabis if they get their license, agreed, but the size of their production is not near what some other small Cannabis companies are...take FIRE for instance as it is also a small player in Ontario, and it's stock price is hovering between $2.50-$3. Now I get that DOJA is teaming up with the coffee shops of Tokyo Smoke and that other girly cannabis player, but then they are gonna change all the names again??? SAXX never changed their name, so why not keep DOJA?? I guess HIKU may look new again on the market after the merger with more shares now, that could fool some new investors I guess?? Definitely not bashing here folks, I just would like someone to give me some hard evidence for this stock surge...not just that "this is unlike any other stock"...really??
Anyway here is a quick comparison of DOJA production size and FIRE:
DOJA has a 7,100 square foot production facility licensed by Health Canada. DOJA's second facility, a 22,580 sq ft warehouse, will house the FUTURE LAB.
vs.
Supreme (FIRE) is a federally licensed producer of medical cannabis pursuant to the ACMPR operating inside a 342,000 sq. ft. Hybrid Greenhouse facility. The Hybrid Greenhouse combines the best technology of indoor production with the efficiencies and sustainability of a greenhouse, in a single large-format production footprint.
Looking forward to some compelling arguments now, with evidence provided, thanks!
Always do your DD before investing in any stock.
Comment by
Jamanatron on Jan 19, 2018 1:34pm
Recreational use of marijuana in Canada is a market all to itself and it’s one that won’t exist until the summer. If that isn’t obvious to you, then you’re a lost cause.
Comment by
WildenRider on Jan 19, 2018 1:42pm
No need to argue good man, you and sounds like employer likes FIRE and to short DOJA. Have at it! Made it clear thats your philosophy. What anyone else buys or values something whether a stock, house or piece of gum shouldnt matter to others.
Comment by
Jamanatron on Jan 19, 2018 1:54pm
Once again you hit the nail right on the head. Thank you
Comment by
duediligence123 on Jan 19, 2018 2:00pm
Well, same old responses....no problem...I guess this Board is not the place to get the facutal information I was looking for before investing...really wish this Board was more active like other Boards with more participants....not really sure why not??? Always do your DD before investing in any stock.
Comment by
Pail on Jan 19, 2018 2:11pm
Why would you build your arguement around share price? That is a meaningless number. Currently: FIRE has a Market Cap of just over 600MM DOJA has a Market Cap of 275MM FIRE has nearly 4X as many shares issued. So yes, they may have more Greenhouse space. But they also have moe than double the shares issued. Also, how is their balance sheet relative to DOJA?
Comment by
thunderpig on Jan 19, 2018 2:38pm
Get a fresh start at the DOJA Investors group on FB. https://www.facebook.com/groups/195888204485965/