InvestorsHub Logo
Followers 14
Posts 1545
Boards Moderated 0
Alias Born 05/02/2016

Re: Supermeatball post# 3977

Wednesday, 10/04/2017 12:32:19 AM

Wednesday, October 04, 2017 12:32:19 AM

Post# of 8109
'SuperM' Sure, that's going to be a big attraction, because it says something very positive about GBLX & the way it's being run. However, the legalization in Calif. & Canada next year, are 2 wild cards that will place an enormous amount of pressure on MJ supply, by then GBLX should have completed the phase 2 expansion & will be able to meet some of the huge increased demand. I believe that the demand that will be created by these 2 new players{CA & Canada}will OVERWHELM any available supply out there, please note that there is already a shortage in CO. & it's being talked about in the news. Above & beyond all of that, this does not even address the ADDITIONAL states that have legalization on their ballot for next year, there is definately going to be a large "short squeeze" on MJ & when that happens, prices for MJ go nuclear, 'cause people demand the product, it's a simple supply/demand equation, think of MJ as "inhaled beer" & everyone knows how much beer is sold nationwide, it's huge in terms of gallons consumed {6.3 Billion last year}. GBLX has as a Co. performed extremely well & has moved up considerably in the standings among its peers{just look @ the Texas Rankings, as per your post}. As stated in my earlier blog, I purchased several 1000's more shares, because if there ever was an industry that is just waiting to "explode" into the stratosphere, MJ is it & GBLX is the vehicle with which to get there! GLTY Play it as you see it
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GBLX News