Nevada gets 52,000,000 tourists a year. I believe there will be an increase in tourists coming just because of legal pot. Federal laws do not allow marijuana to cross state lines so all marijuana products sold here have to be grown here in Nevada. Also, you can't bring pot on your flight here, you will have to buy it here.
On peak tourist times Las Vegas has 400,000 quests a NIGHT during events like CES, New Years, and others, and if just 10% of those 400,000 visitors want to buy pot that will be 40,000 people plus some locals buying pot in a single day. Las Vegas metro population is pushing 3,000,000. There are 46 marijuana stores open in southern Nevada, not all of them are in Las Vegas or close to the strip.
Once recreational sales kick in this July 1st, I can imagine people will be lined up to buy marijuana from the dispensaries and the news will show pictures of these lines (imagine what that image will do to this stock price) They may even run out of pot. (Imagine that headline and this stock price)
They are passing a law now so recreational pot will be sold from the currently open medical marijuana stores starting July 1st (until the recreational stores open). They will soon start the application process for the recreational licenses but they will ONLY allow current holders of Nevada medical marijuana licenses to apply for the recreational licenses. There will only be 80 of the new rec dispensary licenses for southern Nevada and only a few more for northern Nevada. Imagine what your stock price will do if GLDFF gets one of those recreational dispensary licenses.
