Friday, October 19, 2018 11:15:58 AM
There is plenty to be excited about. Holding above .30 goal this week, will be another week of steady gains for the Marapharmers.
The news this week also stated there will be cultivation AND processing operations in the new Vegas facilities. Processed cannabis allows for higher profit margins than dry flower, and will also allow for more products under MRPHF branding.
Medmen spent $682 million to acquire another company...giving them a combined planned production capacity of 800,000 sf.....currently at $6.71....revenue of $7 million for the latest Q.
Another reason I think MRPHF is way undervalued.....and a good reason to sit on the shares.
Q4 we could have somewhere around half that much revenue. That makes MRPHF worth much more than .30 IMHO.
GLTA
WATCH US GROW...TO 595,000 sf @ MRPHF
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