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Just to add same store sales were up 62% when you compare quarters as well. You are failing to provide accurate information.
Same store revenue grew 36% year over year. Are you sure we are talking about the same stock?
Hows this for a story line. GRWG has been close to doubling its annual revenues for the past 4 years. They are EBITDA positive. They are the largest hydroponic MJ focused corporation in America with an expanding online presence and presence in Canada. They have just uplisted to Nasdaq and have a tight low float. The ex CEO of home depot is on their board. Is that not a good story line? How can we improve it?
If that's your biggest complaint then I'll take it!
I think there is a pro and con to this movement. Con is obvious the pro if they can keep up their sales and get their name out there to investors this can literally increase 50% in one day
False I have been to their office. There was a sticky on it about 2 years ago.
I just hope they dont get bought out for $6-7 a share anytime soon. With such a potential upside I'd hate to see us cap out so early at a steal of a price.
This should be at least 6 dollars minimum right now. I guess its hopefully just a matter of time before people discover it
Grwg over curaleaf anyday of the week. One is EBITDA positive plus did you see what happened to trulieve today with the short report. Overall Grwg in my opinion is a more profitable and safer bet. If weed was cracked down upon tomorrow in the US only one of these companies would still be in business
What a time to buy!
I think this has been the biggest move to date, this could be the gateway into other states
Sorry for typos typing on my phone while multitasking
I like their vision and they are doing things the right way which is encouraging. I wonder how far they can take it on their own, but they've been doing a fantastic job so far and seem to be bringing on the right advisors which is encouraging. Met the my favorite question I asked him " with increased online buying why are you opening so many brick and morder stores? Shouldn't you be more focused on online" To which he replied saying the goal was to create a personable experience in store cause majority of the customers need to see the product and be educated and then while they're in store help the customer set up their online account for repeat orders for ease of experience. Additionally they are back by merida partners and mitch baruchowitz who I met. Mitch baruchowitz has raised multiple funds that invest in MJ companies. He finds synergies between the companies hes invested in and links up the respective companies to optimize
I've been invested here since $1.70 over spoken to and met ceo. Have high hope's here.
Yes. Come January after tax selling and once people find out about this I beleive we will see strong positive momentum
Pugliese out...this is good news let's get a COO that can run a company.
I dont understand the implications of this. Whay does this exactly mean?
It's not dilutive by definition if the value added is greater than the value lost.
Deals are not expected to close for another 4 to 5 months I dont know why you seem to be jumping the gun
Likewise. The dip in the stock doesnt change the facts in the ground
Got it
Thoughts on slack? Still think itll hit $19 by end of year?
Yes staying patient with this one. I also bought two week puts on LK be curious to get your thoughts there. Looks like they're bleeding money. Top line growth but bottom line disaster
Yep lockout date dec 17.
If they miss earnings that could be a double whammy.
I haven't had a chance to dig in been on the road. Just saw the chart. Can you fill me in?
We will see. I'm patient for now, I was just hoping someone can prove me wrong, but cant think of any catalysts it has going for it
Whata your play there?
Look at their deck on their website. Q3 financials are not projected to be strong. And they've already shown that they are terrible at projections. I beleive if anything it will be worse than projections we will see....
Just to clarify that's dec 20 2019
Bought a put at 19 for Dec 20. I figured between earnings and lock out it should hit. We will see
I could not agree more
Why is this stock or technology so special? Cant it be replicated easily?
I just did
This is amazing thanks!
Can you share spreadsheet and delete any info that may be personal?
This board is enthusiastic. But in my opinion most people invested here are for the long haul, not day traders, therefore there is no need to constantly post.
Yeah it bothers me cause that tells me once weed becomes legal home depot will buy the company. I'd rather the company keep growing on it's own
And the positive ebitda
I know but I consider it an MJ company as that is how they are differentiating themselves from home depot etc.
Here is a quick quiz :)
Who mad the most money during the gold rush?
Answer: the ones who sold the shovels
Agreed. But this has always consistently been one of the most undervalued MJ companies on the market. This is one of the few value plays left