$3.50 ... yeah, MarketShark, I think you are spot on.
Mettrum is position in an uniquely brilliant place...
The new regs might legalise edibles.
Maybe that is why MT has really taken off over the past few weeks, as it is a food company, and I think they are now selling (non canna) products to some 2,000 stores in the USA.
Our 11 months investment in MT is up 95%.
Latest rumour in US: the DEA are going to take CBD out of Schedule 1, (but not THC) that means companies manufacturing CBD oils are going to gap up.
Maybe gap up big time … like historic gap ups.
The same time as we bought into MT, we also made an investment, private placing, in the Irvine, California company PROCANA,
and that could zoom up.
IMO this could turn into a 10 bagger or a 20 bagger…
I think a big med company could buy it out, giving us 10 times our money.
OR
Chris Lombardi and his PROCANA Board (mostly doctors / med researchers) could just keep expanding on a positive cash flow basis until they IPO the company (probably Nasdaq, and possibly with med / cancer products based on their CBD research)
and again investors are looking at returns of a 10 bagger or even a 20 bagger.
Anyone who gets into PROCANA even now could see their investment gap up big time in a very short time.
And I believe an MT investment will mean... Happy Christmas…
In my opinion:
Anyone who now buys and holds Canada canna stocks until this time next year will double if not treble their investment.
Anyone who invests in CBD manufacturing in the US now may see even higher returns.
