InvestorsHub Logo
Followers 241
Posts 3530
Boards Moderated 0
Alias Born 05/01/2010

Re: strawpatch post# 57533

Thursday, 08/20/2020 11:47:47 PM

Thursday, August 20, 2020 11:47:47 PM

Post# of 59549
I agree entirely. GPFT is at the next frontier in cannabis.

Grapefruit's Hourglass time-release transdermal products will transform public perception of cannabis.

Due to a lack of research, cannabis suffers a reputation as an inconsistent medicine. Some people ingest it, and become paranoid or experience bad results. Those negative encounters with cannabis seem to dominate popular culture, and fuel fear in the medical community.

Now, with the help of the technology that powers Hourglass, cannabis products can be accurately dosed, made healthier, and more effective.... and the effects are immediately apparent.

The microtechnology behind Hourglass will transform the perception of cannabis from "alternative hippie medicine" to mainstream, real medicine... and also disrupt the cannabis industry by replacing unhealthier, outdated methods of consumption with new healthier ways.

Just apply the cream!!!! It's that easy...

In a state like California, with a medical market and a legal recreational market, topical products make up approx 2% of all cannabis product sales (Vape products and edibles make up the largest %)... but that's because "current generation" topicals are "luxury" products for massage, skincare, and local pain relief uses. These products do not enter the bloodstream, and they do NOT get you high....

GPFT's Hourglass is a NEXT GENERATION topical product.

With GPFT's Hourglass, consumers can get high and experience the full benefits of cannabis through the use of this topical cream... This is a GAME CHANGER for the industry...no smoking or vaping... no damage to the lungs... no ingesting unpredictable edibles filled with dyes and corn syrup...

Imagine how the market for topicals would expand (topicals = the healthiest and most convenient way to consume cannabis) if they could actually get you high?

My thesis, which I can support with current quantitative and qualitative market and consumer research, is that demand would be EXTREMELY HIGH for topicals and likely disrupt edibles and some forms of smoking.... but let's assume it takes a lot of time to get the word out... let's assume conservatively that topicals can grow to just 5% of the market.... and that GPFT's Hourglass - the PIONEER OF TOPICALS THAT WORK - can capture just 20% of that topical market... (Essentially this equates to Hourglass products capturing 1% of the TAM in California...)

In Califonia, cannabis will be a $7.2B industry by 2024... If GPFT can capture just 1% of that, they will be generating $74M from Hourglass alone.... this is just ONE STATE.

I'm not naive here. It takes a lot of work to commercialize products and scale them.... it takes incredible work to grow any company... but I have developed even more conservative scenarios than the one above, and some of these conservative projections put Hourglass in the 9 figure revenue range... and if GPFT trades at a multiple of revenue, we could be looking at a $1B market cap in a few years.

I'm typing aggressively and with a lot of excitement, and I've got to get some rest... so I'm posting this without proofreading... but I hope my notes above make sense.

Please reply to me if you agree that we are holding shares in a disruptive company, and THAT will lead to wealth generation for early supporters of GPFT... We've all seen it happen with other companies with a lot less going on behind the curtain... why can't it happen here?