Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
DD on $MNFSF CSE: $MSVN undervalued with mass potentials
######################################## INTRO: ######################################## Cannabis is projects to be a 40-60 billion dollar business in a few years, with each state relaxing their laws on recreational use, the market cap and tax revenues are growing by the day. California and Colorado being the two biggest states with the most consumers and retailers markets.
Mexico is one of the biggest producers of Cannabis, it's been portrayed in Movies such as "Blow" and Shows like "Narcos". Guess whos right next to Mexico? The U.S.! It will benefit both countries to generate exponential tax revenues... but, that's in the near future if they pass the federal legislatives.
######################################## The DD: ######################################## Manifestseven Holdings https://www.manifest7.com CSE:$MSVN / OTC:$MNFSF
Currently trading at $0.311 with a 33M market cap and 98M os (as of 03/05/2021)
They have a very solid team, with very experienced executives. Already offers various Cannabis products and services that's generating revenues. They offer subscription services, and B2C direct to consumer delivery service, as well as B2B supply chain service. They also offer accounting, finance, and analytical services to help others to start their own cannabis business.
######################################## My thoughts: ######################################## Comaparing $MNFSF to $PLNHF (Planet13 holdings), yes Planet13 has a luxury retail in Vegas, and opening another in Orange County, CA but $MNFSF is rapidly expanding their supply chain business and their retail footprint. $PLNHF started at $0.59 pps when it first went public in 8/2019, now sits at around $7. That's 1169% growth a little over 2 years with a 1.23B market cap and 177M os
$MNFSF currently $0.35, with 33M market cap and 98M os. Way too under valued IMO.
let's just say $MNFSF can get to around 1B marketc cap... that would be 3000x gain from current $0.35 x 30 = $10.15 pps but it's a long play, at least a year+
Please do you own DD and Analysis
I'm not a financial adviser, this is purely for educational and entertainment purpose only. All opinions expressed by me shows solely my opinions, you should not treat anything expressed by me as a specific inducement to make any particular invesments.
DD on $MNFSF CSE: $MSVN undervalued with mass potentials
######################################## INTRO: ######################################## Cannabis is projects to be a 40-60 billion dollar business in a few years, with each state relaxing their laws on recreational use, the market cap and tax revenues are growing by the day. California and Colorado being the two biggest states with the most consumers and retailers markets.
Mexico is one of the biggest producers of Cannabis, it's been portrayed in Movies such as "Blow" and Shows like "Narcos". Guess whos right next to Mexico? The U.S.! It will benefit both countries to generate exponential tax revenues... but, that's in the near future if they pass the federal legislatives.
######################################## The DD: ######################################## Manifestseven Holdings https://www.manifest7.com CSE:$MSVN / OTC:$MNFSF
Currently trading at $0.311 with a 33M market cap and 98M os (as of 03/05/2021)
They have a very solid team, with very experienced executives. Already offers various Cannabis products and services that's generating revenues. They offer subscription services, and B2C direct to consumer delivery service, as well as B2B supply chain service. They also offer accounting, finance, and analytical services to help others to start their own cannabis business.
######################################## My thoughts: ######################################## Comaparing $MNFSF to $PLNHF (Planet13 holdings), yes Planet13 has a luxury retail in Vegas, and opening another in Orange County, CA but $MNFSF is rapidly expanding their supply chain business and their retail footprint. $PLNHF started at $0.59 pps when it first went public in 8/2019, now sits at around $7. That's 1169% growth a little over 2 years with a 1.23B market cap and 177M os
$MNFSF currently $0.35, with 33M market cap and 98M os. Way too under valued IMO.
let's just say $MNFSF can get to around 1B marketc cap... that would be 3000x gain from current $0.35 x 30 = $10.15 pps but it's a long play, at least a year+
Please do you own DD and Analysis
I'm not a financial adviser, this is purely for educational and entertainment purpose only. All opinions expressed by me shows solely my opinions, you should not treat anything expressed by me as a specific inducement to make any particular invesments.
Third Quarter 2020 Financial Results Revenue for the three and nine months ended August 31, 2020 increased 64% and 96% year-over-year to $4.7 million and $13.8 million, respectively. Revenue from cannabis distribution, delivery, and dispensary operations, the Company’s core operating segment, for the nine months ended August 31, 2020 increased 217% year-over-year to $9.3 million. The Company generated record revenue of $3.5 million from ongoing cannabis operations for the three months ended August 31, 2020, an increase of 94% year-over-year and 30% sequentially. Gross margin for the nine months ended August 31, 2020 was 31% of revenue, up from 30% of revenue year-over-year, while gross margin from cannabis operations for the nine months ended August 31, 2020 was 30% of revenue, up from 17% year-over-year. Adjusted EBITDA loss for the three months ended August 31, 2020 decreased 69% year-over-year and 8% sequentially to ($1.3) million. Net loss from operations for the three months ended August 31, 2020 decreased 59% year-over-year and 8% sequentially to ($1.9) million. https://www.manifest7.com/2020/10/29/manifestseven-reports-third-quarter-2020-financial-results/
Second Quarter 2020 Financial Results Revenue increased 116% year-over-year and 23% sequentially to $5.0 million. Gross profit increased 216% year-over-year and 40% sequentially to $1.8 million. Gross margin was 35.1% of revenue, up from 24.0% of revenue for the second quarter ended May 31, 2019, and 30.8% of revenue for the first quarter ended February 29, 2020. Net loss decreased 64% year-over-year and 79% sequentially to ($1.1) million. https://www.businesswire.com/news/home/20200805005251/en/ManifestSeven-Reports-Second-Quarter-2020-Financial-Results