ETFMG Alternative Harvest ETF (MJ)

[Snotbubbles]

I hold a little Namaste stock. Not nearly as large a position as this ETF and CBW.

Re: CBW. O/S is concerning, it's easily the biggest concern. However, they are currently at about 450M O/S with a fully diluted count now that they've bought Robinson's and Dosecann around 625M once milestones are met. That isn't great, but it isn't terrible either. CBW projects to have $1B+ in revenue by 2021, even with 1B O/S (which I don't think they'll ever reach) their stock would be valued at $20US/share (at 750M O/S which is still probably high but closer to their potential total, it's closer to $25/share). At its current $1.28 share price, that's a nice profit. It's no surprise that this ETF has increased it's CBW holdings over the past month. Someone within the ETFMG group sees massive potential with CBW.