Post by
Jordantrademark on Nov 18, 2020 9:11am
🍃 New Leaf 🍃 information
30,000 sq. ft facility. by far the biggest cannabis brand in Washington 350% production growth by 2021or more. The year high was 63 cents in which we will get back too soon. They raised money at 25 cents , and its trading at 28 cents ( good buy ) with stocks like this that are newer IPO's they are hard to value, and not that known, therefore there will not be a huge amount of shares traded per day, as news comes out, and as we see the revenues picking up, the share price will go up dramatically because there are not a lot of SO ( shares outstanding ) ( 30.06 M ) ( its not diluted, you own more of the pie. They are sitting at a 9.59 M market cap. They have been processing and selling since 2015, just because its a new stock doesn't mean its a new company! They are an existing , established brand with good reviews. Nearly half of their 30,000 sq ft facility is free for expansion ( they didn't jump the gun like other MJ companies, they didn't get in over their head, slow and steady. More news to come regarding Edibles and expansion. They have already expanded into the beverage company they promised. That is not a small deal! Schilling Hard Cider is huge! Most consumers that drink to get drunk , also would drink to get high or a buzz. Why did they choose New Leaf as a partner? They will be expanding in to other states and with Biden winning , its pro cannabis, although I could care less about who won. I will average down when the time comes , on paper I'm down 33k lol, but I'm not worried because I won't sell for 3 years !
Comment by
NSPfacts on Nov 18, 2020 9:11am
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