1 BILLION $$$ COMPANY IN 1 YR. SIMPLE ANALYSIS!!!!
All of you longs and new investors need to take a deep breath and relax.
Let’s do some very simple analysis and I believe we will all agree this company is far from being overbought or overvalued.
Currently this company is operating in one state (Colorado) and one country (USA). They just recently started marketing their CBD products in the US and are selling their THC infused products in Colorado.
Using this scenario, let’s try some simple math.
At their current rate in Colorado/US they are generating about $5M a quarter in Sales. For discussion, let’s just round it out to $20M a year for Colorado. Once they open up sales for recreational use the professionals believe their sales will go up 10 times or $200M a year for Colorado alone and that is considered a conservative estimate at best.
Extrapolate that times 18 states that currently have legalized marihuana and 8 more that are in the process of legalizing medical use or outright recreational use and we come up with $520M (26 x $20M) at a minimum. MJNA is currently in none of these states other than Colorado.
We know that Washington has fully legalized recreational use so let’s add another $200M NOTE: Washington is predicting they will make $5Billion in taxes in five years so I think that $200M is very conservative,
We know they are expanding into 27 countries in Europe in the next couple of months so for discussion we will add $200M in sales overseas.
That gives us:
$200M – Colorado Sales
$200M – Washington Sales
$520M – Other states that have only legalized medical
$200M – European Sales
For a total of $1.2 Billion dollars a year. NOTE: This does not even begin to figure in CA, AZ, MA and other known sources of income.
Currently, they have out approximately 600M shares that are primarily owned by insiders (who know they have the goose that lays the golden egg and they won’t sell) but even so that makes the shares worth about $1.6 dollars a share and it would pay for the company in a year. Most companies don’t begin to make money until their 3-5yr of business. This one will more than pay for itself in one year and it is in its infancy. Ask any business person, financial advisor or banker if they think that is a good investment and they will ask how they can get in.
This is a chance of a life time!!! The fact that there are so many people telling you that it is over sold and overvalued tells me a lot of people want your shares or they want to scare you out of buying so they can get in cheap. Don’t let them steal your shares or dreams. HOLD ON and BUY.
Now go have a drink or smoke and think about what you are going to do with all your money in a year. GLTA
