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Chrion

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Chrion

Re: DayTradingCPA post# 126520

Wednesday, 12/27/2017 2:15:53 PM

Wednesday, December 27, 2017 2:15:53 PM

Post# of 129051
Agree.

What some people are not getting is that CBIS is a pure Intellectual Property Play. Or at least it was in their previous incarnation. The past 18-24 months they have been shifting gears becuase they've realized they need some sustainable revenue.

The Cannabis ICO for crypto-currency is big news.
2 dispensaries in LA along with the new recreational market in CA.

CBIS supported many studies around cannabis treating cancer. This is a long term play because of the regulatory environment. This company could easily go from no revenue to massive revenue almost overnight.

In the mean time, they are one of the oldest cannabis stock plays. Sure it seems 'diluted' but if you just divide everything by 100 it is still a good value for this kind of company.
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