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Tuesday, 10/15/2019 2:25:47 AM

Tuesday, October 15, 2019 2:25:47 AM

Post# of 21343
"We reiterate our positive long-term outlook for the U.S. cannabis industry while reducing our expectations for the Canadian sector. However, it is more important than to focus on the strongest players in the industry, and investors should avoid or reduce exposure to companies that have weak balance sheets and funding uncertainty."

VALUE is what is worth buying... doesn't that sound obvious?

A discount on value makes for an excellent buying opportunity...

Why has the sector diminished in market cap? Inflated prices relative to present value consensus.

The reasons for the current discount on MDCL are many - yet those reasons are set to diminish over time... future valuation is intrinsic to speculation - using 170m in revenues as a guide, the future can reasonably be projected to value this beyond a billion dollar company.

Some will get in after HB 19-1090 officially initiates the process of acquisition... some will wait for various steps upon that process... some will wait for a quarter of revenue - some will wait for 2, or 3 etc... some will wait for Colombia to pan out... some will wait for full fed legalization... some will wait for MDCL MSO activity... etc etc... I suspect all of them will wish they would have gotten in before today.

https://seekingalpha.com/article/4296484-weekly-cannabis-report-bad-news-just-stop?li_source=LI&li_medium=liftigniter-widget
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