Some Factual Overview of RFMK
Fact: Reported first crop. Based on the figures they reported, approx. revs are $600K annually, and that's just from the two contracts they have.
Fact: 2011 Financials available for viewing. They weren't good. This year they've already reported revenues that exceed all of last years. The revenues they've already reported are from the crop numbers. No revenues have been reported from the Cannacig yet.
Fact: The first THC e-cig from RFMK has been produced. They've reported it with pictures. A newere slimmer version is on its way within the next month or two.
Fact: The first THC e-cig from RFMK has been named: Cannacig
Fact: The Cannacig name has been trademarked.
Opinion:
There are reports that have been confirmed (albeit from people here on Ihub, but no reason to doubt based on the evidence provided) one of the largest dispensaries in Los Angeles will carry and distribute the Cannacig. That's great. Why would one of the largest dispensaries in LA carry this if they didn't think it would sell? Well it will, that's why they're going to sell it.
I believe the Cannacig will bring in strong revenues and there will be a lot of interest from the medical community, as well as the recreational user. There are future generations who will use this, and it will be their point of reference vs. lighting up an old fashioned joint. This IS the future.
I think there will be days where the stock price drops, consolidation occurs, then continues upward. There will be larger upswings than downswings resulting in a slow and gradual climb upwards.
This is the time to be in or out. If you're in, more power to ya in my opinion. If you're out, good luck to ya in your next play.
I'm in! GO RFMK!
