Tuesday, September 26, 2017 10:18:42 PM
One constructive way of looking at assessing the rs matter, is that such a move which easily increases share price beyond the five dollar level, combined with nasdaq status, clearly 'opens the gates' for a whole new cohort of ready and motivated institutional buyers.
IMO, 2018 with California on full board, will create a new level of momentum to the cannabis sector unseen earlier. This will propel sector leaders like EVIO into lofty pe's with a whole new level of
dramatically increased pr.
Yes, there are still significant restraints federally and banking wise, but many signs point to the probability of a much more accomodating enviornment in 2018.
In retrospect, SGBY should have been sold at .50, but crystal ball was shining too brightly and now we need to wait.
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