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Re: BriarPatch post# 270457

Thursday, 11/08/2018 10:49:39 PM

Thursday, November 08, 2018 10:49:39 PM

Post# of 290030
but IP has said it better...

courtesy of IP...

The last two sets of acquisitions (2 companies, one 685MM?, one $835MM?) paid prices that literally may take a decade to break even (even in rec scenarios)...one without real estate and 8 figures in rent payments for non operational facilities...

Is that what people want? :) LOL

Yet compared with an organization paying $20-80k in licensing for similar holdings. (Note: One of the organizations mentioned above, $26MM was paid for 13 locations not operational (license).

I'm playing the one heavily.....and think (movement) will be an endless stream of profitable trades in the future, but don't think much of company, and consider them, for the most part, the most dishonest operators in the industry, and worry about bringing such deception to the cannabis investment world. (truly).

So, the comparison is a company collecting permits and locations from start up, (for the least $), to those paying absolutely ridiculous amounts for truly B list operations...(anyone is free to look up the company's holdings, product and patient reviews...)

At a time when one is building, and others are paying up to x10 more than they should.......actually, it seems to be more just clarifying a greater future value. An unused NV cultivation license at a time around $30MM being paid in 2 separate matters the last several months for 30k and less facilities. Another 50% of a 30k acquired for 3.5MM. Many licenses/applications in limbo. (An NJ should go for an easy $20-$30MM alone, and my belief a WeHo worth something similar) Fremont should fall into a nice range should it perform which location alone should dictate.....

I think any debate and discussion about any (company) falls into a "this or that"....

I enjoy profits....(truly lol) but I wouldn't be comparing one (deceptive) company overpaying more than has even been seen or is reasonable to one that's not....(which was one of my TRTC issues....why pay $30MM for something you can do for $50k in app fee's and $2MM-$5MM in build out...

If anything, I think what has just been established is if they can actually execute everything in the pipeline, they're pushing $700MM territory. (which 2 other cases have just established)....(Theme of my week with several considering sales prior to their launches...."Let's get it up and running and worth 10 times more"....)

Nah.......recent activity only dictates a much greater value than many might have thought previously...


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144467602

sums it up rather nicely.

business is blüming!!!

Opinions, everybody has one!