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Alias Born | 04/20/2018 |
Friday, March 01, 2019 2:32:44 PM
We saw how quickly DPWW rocketed to $.30+ the 3rd week of Dec so with the low float (even adding shares to market by mgmt.) is still very low MC to value of company.
It's all about cannabis rules changes in US. The sooner that happens, the sooner DPWW takes off for good and is invested in heavily, bought out or gets a great financing deal that allows for the necessary growth.
If we could get cannabis legal or states rights act in place, it opens the doors for a myriad of options with DPWW and leadership knows it. They are waiting on a $.50-$1.50 per share which will come with rules changes and dispensary revenue/income hitting the Diego Pellicer balance sheet. That $10M/yr right now for 2 adds a lot of value.
Looking forward to the new store opening and PR support. They need to toot their horn more as leadership is terrible with social media which cannabis users under 50 use a lot.
Peace.
CF
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