This feels so much like the 2014 run to me except a few things are different.
The Bad things are...
-There is now a larger share structure then in 2014
-No Pr's yet about all deals previously announced altho we did get word that the igot420 shops are getting built and opening for business.
The great things are...
-Obviously California (5th largest economy in the world) is going legal.
-GRNH continues to expand its business in different ways including Genobending (if you haven't researched it yet then I recommend learning more)
-California based company and this means alot since Cali is going full rec meaning GRNH can have more freedom to operate and more leeway to build their business.
-Not only are their roots in California, but through strategic moves they now have the capability to offer their services to the midwest.
---I could go on and on about GRNH's potential but i don't want to type all day and I think most the people here get it---
So, anyway, 2014. This feels like 2014 to me, except BIGGER. Think about how much MORE GRNH has to offer this time around. I mean, last time was just colorado going legal...THIS IS CALIFORNIA GOING LEGAL FOLKS!!! We have a more diverse company this time around through acquisitions over the past year too!
Then there is the larger share structure I brought up...
-2,000,000,000 Authorized Shares with 417,294,174 Outstanding Shares.
this is a drop in the bucket compared to other MJ companies authorized share count and considering most are below water, this is how they raise funds to grow their business so it's not surprising they are offering more shares so in the mix of things I don't feel like its a bad thing but of course lower share count would be better.
Lets get into numbers from the winter of 2013/2014...
Dec 1st 2013 - 0.0440 pps
Jan 1st 2014 - 0.4215 pps
Feb 1st 2014 - 0.4560 pps
Mar 1st 2014 - 0.4851 pps
We did have some spikes in between (such as the famous $1.20pps spike)
For all the above reasons and my belief of a better set up for a run this time in 2018-19 then in 13'-14' and because we are ahead in pps then we were in 2013 on the same date (which was .04 but lower share structure) I see this following the 2014 climb except just a little higher.
My Guesses
Jan 1st 2018 - 0.54
Feb 1st 2018 - 0.59
Mar 1st 2018 - 0.64
Let me know your predictions!!
Merry Christmas everyone!
