Saturday, April 28, 2018 9:04:25 AM
Marijuana will be overproduced before long (akin to solar production wen the industry ramped up production) driving the price of recreational down. Where companies in the future will need to separate themselves are how / what they produce/distribute. $TXTM could potentially have a game changing CBD extraction technology that could propel them to the forefront in CBD medicine. (cold pressed THC is not activated within the medicine = game changer.)
Look at the dilution numbers from the annual. During the last year we went from 2 to 4 billion shares as they ramped up efforts to get the licence, ect. The price moved from a base of .0004-.0005 to a new base of .0007-.0010 during this accumulation phase. What that means is the company doubled the amount of shares, while nearly doubling its PPS!! Over 2 billion shares have been accumulated by $TXTM longs in the past year.
Wait until the surge comes with the inevitable rush of momentum that will come once the licence inspection date for TXTMs production facility are announced.
Will it be $TXTM being the first licensed producers out of SA? Will it be the patented cold press live leaf Phytofare technology that changes the game here? I don't know.. But what I do know is speculation has yet to ramp up here to a pace that meets market expectations IMO.
Going to be a great few months ahead IMO.
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