Wednesday, June 11, 2014 8:51:22 AM
Can you substantiate your ~$450 million valuation?
MCIG is attempting to disrupt 3-4 industries -- mmj, vaping, supplements, and liquor.
The liquor industry is already looking at a trillion dollar industry.
http://www.reportlinker.com/ci02014/Alcoholic-Drink.html
The supplements industry is, by some accounts, pushing $200 billion in a few years.
http://www.nutraceuticalsworld.com/issues/2013-09/view_industry-news/nutraceuticals-market-to-reach-2048-billion-by-2017/
Vaping will hit $10 billion in the USA alone by 2018.
Multiply that by 20 for a modest $200 billion industry size.
http://www.fool.com/investing/general/2014/03/15/can-e-cigarettes-measure-up-to-traditional-smoking.aspx
Even just taking the last two, with just 1% of those markets, that's $4 billion.
The soft drink industry is roughly $500 billion industry and vitaminwater was valued at $4 billion after 10 years, and only 6 years after the 50cent partnership/endorsement.
http://www.washingtonpost.com/wp-dyn/content/article/2010/12/17/AR2010121705271_2.html
http://www.reuters.com/article/2014/02/05/idUSnMKWMx6N2a+1e4+MKW20140205
If vitamin water can do it by being at the intersection of 2 industries, I think MCIG can do it at the intersection of 4 industries. And one day, if prescription medicines are vaped, that's another industry worth roughly another $1 trillion, potentially.
http://www.reportlinker.com/ci02264/Prescription-Drug.html
The links can point to the appropriate reports or studies.
MCIG is attempting to disrupt 3-4 industries -- mmj, vaping, supplements, and liquor.
The liquor industry is already looking at a trillion dollar industry.
http://www.reportlinker.com/ci02014/Alcoholic-Drink.html
The supplements industry is, by some accounts, pushing $200 billion in a few years.
http://www.nutraceuticalsworld.com/issues/2013-09/view_industry-news/nutraceuticals-market-to-reach-2048-billion-by-2017/
Vaping will hit $10 billion in the USA alone by 2018.
Multiply that by 20 for a modest $200 billion industry size.
http://www.fool.com/investing/general/2014/03/15/can-e-cigarettes-measure-up-to-traditional-smoking.aspx
Even just taking the last two, with just 1% of those markets, that's $4 billion.
The soft drink industry is roughly $500 billion industry and vitaminwater was valued at $4 billion after 10 years, and only 6 years after the 50cent partnership/endorsement.
http://www.washingtonpost.com/wp-dyn/content/article/2010/12/17/AR2010121705271_2.html
http://www.reuters.com/article/2014/02/05/idUSnMKWMx6N2a+1e4+MKW20140205
If vitamin water can do it by being at the intersection of 2 industries, I think MCIG can do it at the intersection of 4 industries. And one day, if prescription medicines are vaped, that's another industry worth roughly another $1 trillion, potentially.
http://www.reportlinker.com/ci02264/Prescription-Drug.html
The links can point to the appropriate reports or studies.
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