Fiore Cannabais Ltd. (FIORF)

[LongNDeep2]

Lot of political and court battles going on in states across the country...know what they are fighting over...?

They are fighting over .....cannabis licenses...built out...or not....the licenses are valuable revenue tools. 300,000 sf of licenses in Vegas...is valuable. There are a limited number of licenses to be had...but a near endless supply of money wanting to be invested in the U.S. cannabis space....especially in Vegas.

Why would LIHT sell for .60 ?

That would...still be nearly a 4 X stock gain from here.

I don't think that is the top dollar LIHT can get. That would be selling for only 1 X forward sales....that is literally giving the company away. I just don't see them selling out that cheap. Too many companies would be willing to pay more than that.

Cannabis licenses in Vegas...are a guarantee for future perpetual income. Once the initial buildout investments are made...it becomes a perpetual revenue stream. That is why companies fight over them....that is why the state of Nevada is being sued over them.

Some companies just write fat checks and be done with it...or buy in to a partnership or JV.

Even selling at $ 1.00 a share would be too cheap...that is still only 2 X forward sales. This is a goldmine in the desert. Understand the value of these cultivation and production licenses. Most of the U.S. cannabis companies being bought and sold...do not....have all their licensing built out yet. It is the licenses being acquired.....that is feeding the U.S. cannabis company buying frenzy.

But if you think a sale price of .60 a share.....then I would think you would want to buy your other half of your LIHT shares back....before then.

GLTA

GET LIHT...BEFORE THE PARTY...RIVERA DID.