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Re: newmedman post# 88

Tuesday, 01/11/2011 10:25:39 PM

Tuesday, January 11, 2011 10:25:39 PM

Post# of 12998
CANA / General Cannabis / Marijuana Medicine Evaluation Centers (MMEC) manages exceeded $4,000,000 in gross sales in 2010...

Aren't the California dispensaries supposed to be "not for profit"?

Maybe that's why this stock is not responding like it should.


I believe Evaluation Centers are not dispensaries, and Weedmaps also generates revenue not from dispensing Cannabis but locating it.

But yes, "not for profit" is how most dispensaries operate in California.

Do you see how General Cannabis is one, if not the best business model in the Cannabis Sector.

I think the price per share is doing well maintaining its current market value. When the profits start rolling in from all it's diverse revenue streams, in my opinion this will be the base line price for what is to come.

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