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Friday, August 07, 2020 6:41:47 PM
Unlike so many other OTC companies, GPFT is not a pre-revenue business. Their existing cannabis business is growing. Earnings are next week and should demonstrate solid growth...
Grapefruit's Hourglass™ topical delivery cream is a truly disruptive, breakthrough technology, one that fundamentally changes the way individuals will use cannabinoids to obtain their unique benefits... the future of the cannabis industry lies in dosing and delivery.
Considering the expansion of their existing business + the disruptive potential of Grapefruit's Hourglass™ topical delivery cream, GPFT should realistically be trading at 4-5x today's price.
Then... at some point, PPS will be based on sales, velocity, and projections, which will be developed by analysts as the story further unfolds.
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