Medicine Man Technologies Inc (SHWZ): Potts, interesting you said $10. This is...

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Re: pottsvision post# 2882

Saturday, 10/12/2019 10:19:48 AM

Saturday, October 12, 2019 10:19:48 AM

Potts, interesting you said $10. This is the share price I can see them being at by summer next year...and pretty much until Green Equity SAS is a done deal and/or they announce/branch out of Colorado.

I can see $400M being a reasonable market valuation for their company once the first wave of acquisitions are complete...and since OTC listed companies rarely receive institutional backing and therefore dont land outrageous market caps.

Mathematically, I figured it based on Colorado being estimated to be a $2B industry next year. I assumed they would account for 20% of the industry, or $400M.

Divide that by the approx 40M shares and you have your $10 share price.

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