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Wednesday, January 22, 2014 1:48:05 AM
That being said:
If you're underwater now, it can't be by much. Stocks in this sector tend to fluctuate a lot. If you're not emotionally prepared for that, you should go invest in Costco or something. That being said, I believe in this stock for a number of reasons.
1: It is obvious and verifiable fact that laws regulating marijuana are becoming more permissive. This provides vast new opportunities for anyone looking to get in on the game this early. I want to be in on this, and I'm assuming you want to as well.
2. There are about 20 publicly traded stocks in the marijuana sector.
3. 25% of these stocks trade under a penny, and are a waste of your time and effort. Anything that cheap at this point in the game has a shitty game plan or is diluted beyond anything reasonable. Now, you're down to 15 stocks.
4. You also have to keep in mind whether you want to invest in something that's geared toward medical use or recreational use. I chose EDXC because it's neither and both all at once. Mark Twain is said to have remarked that a gold rush is a good time to be in the pick and shovel business. This company is a pick and shovel play. It doesn't matter whether medical or recreational use starts taking off. We provide a means for companies selling marijuana to comply with the law (which they're required to do because it's the law), and increase their efficiency so they make more money. We provide a sustainable competitive advantage for anyone who wishes to use our Autospense system or M3Hub.
5. Also, we're slated to track a metric shitload of marijuana, which will consequently make us a metric shitload of money. Most of the other companies in the sector are floundering for tangible deals, and we're sitting on bedrock.
Recent EDXC News
- Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • InvestorsHub NewsWire • 03/27/2024 07:01:28 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM