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Tuesday, 09/17/2019 2:32:43 PM

Tuesday, September 17, 2019 2:32:43 PM

Post# of 1524
Am I a pumper some ask? No, I am a numbers guy. CWBHF came to market with 300 acres of high quality hemp in the ground, and did an IPO for 600M. They now have 860 acres of hemp in the ground which they will begin to harvest next month. Their market cap is now 1.8 US. Both average about 2M per acre in market cap. EXDI has 200 acres of high quality hemp they will harvest next month thru Nov.. Next year they expect to plant 800-1000 acres. Assuming current multiples stay the same that means our market cap will rise to 400M or $10 a share during the next year and hopefully reach by Oct 2020 with execution $1.6B or $30-$40 a share. This does not include the top price CWBHF reached of 2.4B or the equivalent of $60 per share for EXDI. While CWBHF is a industry leader, we have many advantages as a US company. All said considering that current pps is .90 many would say I must be a pumper or delusional. Yet the numbers speak for themselves. Of course if I was a pumper, I would remind you that when consolidation occurs late next year after regulations are established and clearer, a premium must be paid if a takeover occurs. Maybe, a pump would be in order but I'll let the numbers over the next 12 months speak for themselves.
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