The vote on November 8 2016, in 9 different states is taking place with varying issues on the legalization of marijuana. One of these states is California, and California is the top state for expected approval.
MYDX resides in San Diego, California.
There has been a recent expansion of the industry which is impressive, coupled with its expected growth rate over the next couple years.
There is also a change in public interest and opinion and perception, with large companies willing to lend their name/finances to some smaller or startup companies, as we have seen with Microsoft and Arrow recently.
With the established product line of MYDX and the fact that they are well positioned to take advantage of this paradigm shift in the marijuana industry, the chance to get in on the ground floor absolutely will not last. And yes, the current pps of 0.026, is definitely considered ground floor imo.
MYDX has also experienced national exposure recently on ABC Action News, detailing the delivery of donated water testers indicating a pass or fail rating specifically for people located near the Mosaic Company fertilizer facility in Florida. This was a site of a massive leak of contaminated water from the plant.
MYDX showed a result, as documented by ABC Action News, in 6 minutes. This result was further confirmed by independent lab results which were released days later.
With these water testers alone, I believe this company is currently greatly undervalued. This is a product that can be utilized in any situation, worldwide, in minutes. MYDX has begun worldwide accessibility to their products recently as well.
Long term bullish on MYDX?
IMO, a pretty emphatic yes.
AI
