MJ Stocks Analysis

[nopancakemix]

Interesting Charts BUT
For what it's worth, here are my opinion on MCIG and PHOT

MCIG
Portable vapor cigarettes are pretty awesome. My brother in law got me a yet to be gifted vapor pen for Xmas. Since I will be given the gift on the 24th I do not know the brand. From experience, I have used the G Pen wax version and it is a great delivery system. Clean, effective and exceptionally discreet as I hit a G Pen in an office without worrying about stinking up the joint with traditional smoke.
BUT here as my caveats with vapor pens;
The heating element is often too close to the oil, wax or herb causing combustion. This is not always the case with all products but can be an issue with many. My biggest concerns are the long and short term effect of water vapor delivery. Some doctors I know claim the water vapor can be harmful as the element super heats the mixtures. Along the same lines, introducing water vapor into the respiratory system is similar in effect to getting bronchitis. All it takes is one credible medical statement regarding the bronchitis issue and MCIG/vapor related companies will freefall.
As an equity, MCIG has decent fundamentals with a manageable float, although the AS leaves a lot of room for dilution.

PHOT
GrowLife is a pass for me. Having been involved in indoor cultivation for quite some time, I find the market to be flooded with existing options for indoor grow systems. GrowLife has been selling Phototron systems for some time and there are plenty of similar systems on the market. In all my years being around growers, never once have I seen a serious grower purchase or use this equipment. Self contained indoor systems are for amateurs who don't have the time to build a proper system but have the money to waste on an overpriced setup that doesn't yield much crop and breaks down quickly. These systems remind me of the VCR/TV combos where if the TV breaks you are left with a bulky VCR and vice versa. As for the greenery website...sure there need to be discreet about growop purchases is gone with medical and legal marijuana, making online purchasing easier but I'd much prefer to develop a relationship with the local hydro shop or greenery. The LED systems are a joke as any indoor grower will tell you. Flouros for rooting, metal halide for veg, and high pressure sodium (hps) for flowering. Period.
I don't see PHOT as a serious contender, especially with large scale industrial/commercial gardens. Their LA shop is nothing special and most major cities already have established stores, making PHOT's best option to acquire existing businesses which is an expensive endeavor. Comparing their brick and mortar stores to Apple Store is just laughable.
The fundamentals of the equity are decent and as many like to tout, they have existing products on the market but I'm just fine avoiding PHOT.