ManifestSeven Holdings Corp (MNFSF)

[corguo]

DD on $MNFSF CSE: $MSVN undervalued with mass potentials

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INTRO:
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Cannabis is projects to be a 40-60 billion dollar business in a few years, with each state relaxing their laws on recreational use, the market cap and tax revenues are growing by the day. California and Colorado being the two biggest states with the most consumers and retailers markets.

Look at the market cap for some of the big names leading the industry, I'm sure everyone is heard of at least one or two: $CGC (Canoyp Growth), $CRON (Cronos Group), $ACB (Aurora Cannabis), $APHA (Aphria), $TLRY (Tilray).
https://www.investopedia.com/top-canadian-cannabis-companies-by-revenue-4587803


https://www.visualcapitalist.com/9-things-investors-should-know-about-the-cannabis-industry/#:~:text=Political%20Change%20Driving%20Market%20Growth&text=States%20where%20cannabis%20is%20legal,market%20could%20see%20further%20growth.

Lawmakers in Mexico are finalizing the legalization of recreational cannabis, and new regulations means that business will soon to be
able to cultivate and harvest cannabis for medicinal purposes.

Mexico is one of the biggest producers of Cannabis, it's been portrayed in Movies such as "Blow" and Shows like "Narcos". Guess whos right next to Mexico? The U.S.! It will benefit both countries to generate exponential tax revenues... but, that's in the near future if they pass the federal legislatives.

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The DD:
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Manifestseven Holdings
https://www.manifest7.com
CSE:$MSVN / OTC:$MNFSF

Currently trading at $0.311 with a 33M market cap and 98M os (as of 03/05/2021)

They have a very solid team, with very experienced executives. Already offers various Cannabis products and services that's generating revenues. They offer subscription services, and B2C direct to consumer delivery service, as well as B2B supply chain service. They also offer accounting, finance, and analytical services to help others to start their own cannabis business.

Rolling Paper - https://www.rollingpaperdepot.com (Cannabis accessories)
Hippi Butler - https://www.hippiebutler.com (Cannabis Subscription boxes)
MyJane - https://www.myjane.com (Cannabis/CBD subscription boxes targeting the ladies)
White Coat Hemp Co - https://www.whitecoathempco.com
Puff Pack - https://www.thepuffpack.com (Cannabis/CBD subscription)
Custom Made Smoke Supply - https://www.cmsmokesupply.com (Cannabis accessories)
Marijuana Index - https://marijuanaindex.com
Vicinity Real Estate Holdings - https://www.vicinityreh.com (Real estate investment company for Cannabis retail)
Highlanders Distribution - https://www.highlandersdistro.com (Cannabis distribution chain)
Weden - https://www.weden.com (Cannabis direct consumer delivery service)
CFO World Wide - https://www.cfoworldwide.com (Accounting, finance, and analytical service to help small business to start their own Cannabis business)
https://www.manifest7.com/#about

Third Quarter 2020 Financial Results
Revenue for the three and nine months ended August 31, 2020 increased 64% and 96% year-over-year to $4.7 million and $13.8 million, respectively.
Revenue from cannabis distribution, delivery, and dispensary operations, the Company’s core operating segment, for the nine months ended August 31, 2020 increased 217% year-over-year to $9.3 million.
The Company generated record revenue of $3.5 million from ongoing cannabis operations for the three months ended August 31, 2020, an increase of 94% year-over-year and 30% sequentially.
Gross margin for the nine months ended August 31, 2020 was 31% of revenue, up from 30% of revenue year-over-year, while gross margin from cannabis operations for the nine months ended August 31, 2020 was 30% of revenue, up from 17% year-over-year.
Adjusted EBITDA loss for the three months ended August 31, 2020 decreased 69% year-over-year and 8% sequentially to ($1.3) million.
Net loss from operations for the three months ended August 31, 2020 decreased 59% year-over-year and 8% sequentially to ($1.9) million.
https://www.manifest7.com/2020/10/29/manifestseven-reports-third-quarter-2020-financial-results/

Second Quarter 2020 Financial Results
Revenue increased 116% year-over-year and 23% sequentially to $5.0 million.
Gross profit increased 216% year-over-year and 40% sequentially to $1.8 million.
Gross margin was 35.1% of revenue, up from 24.0% of revenue for the second quarter ended May 31, 2019, and 30.8% of revenue for the first quarter ended February 29, 2020.
Net loss decreased 64% year-over-year and 79% sequentially to ($1.1) million.
https://www.businesswire.com/news/home/20200805005251/en/ManifestSeven-Reports-Second-Quarter-2020-Financial-Results

News
2021/03/02 Interview with Rich TV

2021/02/10 ManifestSeven Announces Expansion of Delivery Operations in Northern California
https://www.prnewswire.com/news-releases/manifestseven-announces-expansion-of-delivery-operations-in-northern-california-301226370.html
2021/02/02 ManifestSeven Opens Scaled Multi-Purpose Facility in San Francisco Bay Area
https://www.newswire.ca/news-releases/manifestseven-opens-scaled-multi-purpose-facility-in-san-francisco-bay-area-855996592.html
2020/11/09 ManifestSeven Receives $4.0 Million USD in Note and Warrant Proceeds
https://ca.finance.yahoo.com/news/manifestseven-receives-4-0-million-141500342.html
2020/10/15 CFN Enterprises Inc. Adds California's Leading Cannabis Distributor to Growing Client Roster
https://ca.finance.yahoo.com/news/cfn-enterprises-inc-adds-californias-110000236.html
2020/09/30 Interview with CSE TV

2019/08/06 Interview with CFN Media

2018/07/19 Interview with ArcView San Francisco
https://www.facebook.com/watch/live/?v=2018066834884564&ref=watch_permalink

CEO: STURGES KARBAN
https://www.linkedin.com/in/sturgeskarban/
https://www.canna-tech.co/speakers/sturges-karban/

COO - Pierre Rouleau
https://www.linkedin.com/in/prouleau/

Board of Director - Kristin Fox
Woman in Cannabis

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My thoughts:
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Comaparing $MNFSF to $PLNHF (Planet13 holdings), yes Planet13 has a luxury retail in Vegas, and opening another in Orange County, CA but $MNFSF is rapidly expanding their supply chain business and their retail footprint. $PLNHF started at $0.59 pps when it first went public in 8/2019, now sits at around $7. That's 1169% growth a little over 2 years with a 1.23B market cap and 177M os

$MNFSF currently $0.35, with 33M market cap and 98M os. Way too under valued IMO.

let's just say $MNFSF can get to around 1B marketc cap... that would be 3000x gain from current $0.35 x 30 = $10.15 pps but it's a long play, at least a year+

Please do you own DD and Analysis

I'm not a financial adviser, this is purely for educational and entertainment purpose only.
All opinions expressed by me shows solely my opinions, you should not treat anything expressed by me as a specific inducement to make any particular invesments.