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Re: dro27 post# 47341

Wednesday, 03/27/2019 7:55:12 PM

Wednesday, March 27, 2019 7:55:12 PM

Post# of 70318
Nice to see Nelson has come on board. However, it's all Revenues in this sector. Every single stock is volatile right now. We know the MJ sector is a baby one, so it will need plenty of diaper changes, education and strength to withstand the shaky hands that are venturing in and leaving disgusted never to return again.

This is going to take time....

I do expect MJ to be a leader in 3-4 years, but first these companies need to rid themselves of acquisition happy CEO's who do not do enough due digence. They get these huge market caps with very little revenues and go on M&A binges. Some need to learn how to tighten the belt a little, get more lean, add, but use your damn head when you. Watch the damn greed and huge bonuses.

There are 2 ways these companies are going to make serious revenues in the next 4 years and it's not recreational.

It's Edibles ( i.e. Constellation pledging 3 Billion in Canopy) Beer, Water, Sports Drinks, Soda with CBD/THC
Medical like GW with it's epilepsy drug.
Clinics that administer could make good revs. Labs like Inmed that provide companies with the CBD they need for their drugs/edibles.
That's how I see it. IMO


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