OrganaDx: $120 Billion TAM and Boost to MyDx Earnings Power
Accordingly, MyDx is confident that consumers pairing the CannaDx and new OrganaDx sensors will drive sales of both products and the multi-use Analyzer. Offering three different Sensor chips enables MyDx customers to leverage the cost of the Analyzer by testing food, water, cannabis composition and cannabis/vape oil safety – all of which multiplies the Analyzer’s utility and value.
Industry analysts project the global organic food and beverage market is expected to grow from $80 billion in 2013 to $162 billion by 2018 for a 15% Compounded Annual Growth Rate (CAGR).1 Further, over 10% of fruits and vegetables sold in the U.S. are organic.2
My posts are NOT a buy/sell recommendation, Do your Own DD, before you buy any stock.
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