I want to share with everyone some good input on the industry side of that sweet smell of Mary Jane's flowers. And why I like this stock. I may also bring some good points to talk about to further our knowledge about the company phot.
First off I want to say anything under .10 for shares is a steal. Just keep buying. I'm long like when I think of phot I think of Siri. Over sold from the start and making a strong and steady comeback as the market grows.
I own a hydroponic company and like to design and prototype led lights to anything I can print on my 3d printer. I am very well knowledge in growing and growing "green". So yes I own a percentage of a company that's my competition in a way. : )
>>>My evaluation<<< with Grow life.
Off the main site you see a lot of advertisement for the stock itself. Normally not a good sign. But in a way after I own shares I kinda like it.
The phototron- I see these selling only in states that people can grow legally. I like it. It's cool, but all show! Right now stealth is still very important to the average household. They are also small. Unless people have perfected bonsai growing. I don't see these selling like some May think.
Stealth grow lights- led lighting is the future. I have seen some impressive things with plants and the photons that they absorbed with providing different wavelengths . However I have known about this company for a long time and they are never ahead of the game. I know at least five other companies with better lights and prices. I'm sure it is cheaper on the shelves. However I don't know when grow life bought them and what the patents hold or what they can turn these lights into. A lot of patents are out right now.
Stealth grow sensors- I feel this is one of the company's strong points. Let's say they work faster than me. It's cheap, looks great, and user friendly. Yeah their has been controllers out there, but not like this! This product will be a must for the average grower that don't want to lose the harvest. It's still not growing smart like I would do but hey it's on the shelves and now I'll get my cut.
The other strong points just seems to be the stores they operate. I see a company that is out to make some money! If they keep flooding the states with new stores owned by grow life and continue to expand to new market changing products. You can't get no better than that. We all just keep making money. This is just the beginning and it's just a matter of time. Laws will change and money to be made. Of course the government will happily take their cut!
This may be the best stock to invest in for that forbidden fruit.
What I don't want to see is a RS. I also know bud over time will get very cheap. Already is in some places and these people may not want to spend $2000 in the grow room. Still I do see people growing organic foods all season long. America is filled with overweight people. Food is expensive and we all know it.
What I would like to see is a company that has friendly customer service that knows what they are talking about. Soon every Home Depot will have hydroponic supplies. In a way they already do. We are going to have to compete with that. If we do they might even carry some of grow life's products.
Buying bud off of amazon could even change the game. In time it will happen! Cheap bud mailed to your front door in two days. Legal! Anyone else find this a concern? Phot is going to have to expand on the growing side of the game as well! Good strains and very large scale grow operations!
Yet Phot is still a well diversified stock in this area and will hit a dollar.
I'm not selling until I can buy my dream house in cash.
Gl to those bears!
