Monday, January 22, 2018 2:43:38 AM
42,000 SF of green house space is expected to be able to generate up to 8,000 pounds of medical cannabis per year. price per pound is currently $1,000 to $1,750- equate to $9M to $14M annually.
multiple of 5X Revenues = $70M and not including other rev. sources or clones ( could be at the millions alone).
When you have these major Catalysts ahead including this week, it's pretty obvious folks gonna keep SIGO's shares very tight and others will be chasing the limited shares available. Post these licenses, SIGO will be trading way north to $5 , even above $10 if you ask me which
still represents a joke Market cap of only $25-$50m.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
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