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Monday, December 21, 2020 12:27:03 PM
Morningstar rated FUAPF (USA ... Canada: APP ... Global Cannabis Applications Corp) "Undervalued" with a Fair Value of $0.20 saying that the company "has outperformed its Software & Programming peers over the last three month and over the past year."
FUAPF is extremely undervalued, IMO, and their revenue/profit model should be explained very soon as it's based on a share of the tens of millions of grams of Cannabis harvested, distributed, etc. On the upside we don't think that there's a better cannabis play out there, not only for trading (due to its volatility), but also for its long(er) term potential and seems to be much better than pure cannabis stocks like CRON CGC TLRY ACB SNDL etc., especially with the high valuation of $1.5 Billion for Weedmaps now, so FUAPF stock has much catch up to do as also Morningstar sees the company as "Undervalued" with much higher fair value as indicated.
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