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Re: Beyer post# 3956

Tuesday, 03/10/2020 5:16:37 PM

Tuesday, March 10, 2020 5:16:37 PM

Post# of 21240
Beyer, Andy being replaced by Justin Dye was expected. His leaving the company was what shocked me...however the current market cap is because MDCL is still only considered a cannabis consulting company. The bill that is allowing the company to vertically integrate didnt go into effect until Nov 1, 2019. Nov 1st is when MDCL could start to submit their plans to the State to be reviewed...and the State and local govts have 120 days to approve/deny the acquisitions. This is still still a high risk stock because the acquisitions arent official...therefore the company is really only viewed for its 9.4M in revenue last year.
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