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Re: Irie9 post# 460

Tuesday, 11/05/2019 2:37:12 PM

Tuesday, November 05, 2019 2:37:12 PM

Post# of 1524
EXDI is not an "outdoor hemp farmer". EXDI is a vertically integrated seed to retail HEMP/CBD/Top flower provider. The company has between 30-50 sku's in the CBD space. Therefore, imo the company will receive a 10x revenue multiple within the next 24 months and evolve into a 10x profit multiple pps after that point. With margins approaching 75%, the company while growing at a rapid pace of 50x this year and 4x in 2021, the multiple and pps will be based on revenues and not profits as there will be no profits at this time due to reinvestment. This is consistent with both current pricing in both the space and the NASDAQ in general. I encourage you to do more due diligence in order to learn more about the non farming part of the business. Coming trade shows and expanding retail operations will enable you to become both a customer of the highest quality certified CBD products as well as an investor. GLTU
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