SIGO They are expecting the Distributor license in the next few weeks, then they have all the licenses in place. It will be hard to argue against these facts. The revenues should be spectacular. Amazing that MC is under $5m, should be $100m+ compare the sector, no toxic debt, no warrants or options, Management Doesn't take Salaries. almost no expenses , profit margin should be one of highest, also best in class product, over 27% THC (one of highest the sector too).
42,000 square feet of green house space is expected to be able to generate up to 8,000 pounds of medical cannabis per year. The price per pound is currently $1,000 to $1,750, which would equate to $9,000,000 to $14,000,000 annually.
Simple sales multiple of 5X Revenues = $70M and not including other revenue sources or clones.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
