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Re: None

Monday, 11/04/2019 12:09:56 PM

Monday, November 04, 2019 12:09:56 PM

Post# of 275
Selling the stock per the news today is so asinine it's hard to contemplate.

Based on the success that their Las Vegas location is having, and the ability to run that model (an average cost of U.S.$0.45 a gram and a little over 38 grams per sq ft), you're looking at a potential EBITDA of $200 million fairly quickly. This will have a market cap in the billions, and I truly believe they are the #1 greenhouse operator in the world based on all their endeavors with produce and now cannabis, I say this with the upmost confidence. Also, if they're able to raise non-dilutive debt (like they did for Las Vegas), the share structure can handle some dilution. It's been trading around a buck so I'm not too worried that it will go drastically lower. The shelf prospectus is already priced in and it's oversold as it is. Most people that have bought are here for the long run.