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Monday, July 31, 2017 10:37:40 AM
So in the last 16 months--
- 4 dispensaries built and opened in NV
- Dispensaries are pulling in $250,000 a day
- $15 million + cash on hand
- bought Blum Oak
- About to open Blum SL CA
- Rec vote and went live in NV
- Rec vote and about to go live in CA
- IVXX is slowly being branded
- EG is expanding in North East
- NJ is about to go rec and we have a production center ready to change seeds
- Baking regulations are about to be changed. Can happen anything this year
- Building grow facility in NV. Should open soon.
- Preferred shares change this week
Yet the PPS has continued to decrease since Jan 1st ?
If news like this can't move the pps ...nothing will imo
I mean that is a pretty fantastic 16 months of growth and run news.
I fear Derek is going to dilute this down to pennies and just reverse split.
Which sucks for us longs, because it takes our profits down to pennies on the dollar.
The Difference of $400k to $40k.
Yea you can wait out the post split...but it will never match having 400k shares at a $5 PPS that many thought would be a lock.
I was hoping the greed would subside, and he would give us longs 1 big run > $1 before the split.
Then us longs could buy back in biggggggggg afterwards.
My prediction is the year will end 20% to 30% higher PPS than 2016. Just to show growth in the metrics.
How the hell is a shitty company like Canopy growth at $7.60 pps? They have no profit and huge expenses. They have about half the share count, and rising.
To add insult to injury..Canada Health is increasing the number of growers in the country outside the original 44. Which will take away a huge piece of the market share away from the original 44.
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