InvestorsHub Logo
Followers 0
Posts 886
Boards Moderated 0
Alias Born 11/15/2018

Re: None

Wednesday, 11/06/2019 10:54:44 AM

Wednesday, November 06, 2019 10:54:44 AM

Post# of 35275
No one is buying this company until they start to show that Cannmart can sell product. They also need to complete their own platform. Why would you buy an ecommerce site that relies on Shopify?
I love this as a long term investment. It is one of those that could become something. Could become special. (It could also become nothing.)
The potential is huge and their execution has improved dramatically since Meni took over. They have a long ways to go though. Cannmart sales are stagnant. Very very poor! Their burn rate has dropped and they are saying the right things about working to improve their business losses moving forward. Their cash position gives them a substantial amount of time to grow organically and to continually develop software. There is new revenue streams coming on line in the near future for them to develop.
Oils, Eatables, rec sales as with BC stores and revenue from software presently in place and anything that they develop in the future.

The SP will go up ,will go down and might just go sideways. Who cares! This is a long term risk investment. It is like going to Vegas and letting it all ride. LOL
Be careful if you are shorting this because if they are developing their own platform and it gets implemented before the end of the year then all bets are off. This baby could run big time.