SIGO- Manufacturing License news-. Remember most weed companies, even large caps ( $300m and above) not even close to receive their first License. SIGO MC is only $7m. Set up to $10-$20 by the end of Q1 if not sooner, if you ask me and still market cap remains low compare to sector.
Btw.more news possibility this week.
"Currently, our entire team is in the process of cultivating two more 2,000 square foot bays over the next few days"
That's why you do DD. when you know what you own you don't mind waiting. You just wanna make sure you are in when it goes because you will never time it perfectly.
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.
"clone revenue alone could be in the millions of dollars by this time next year
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.
