Wednesday, April 02, 2014 6:21:45 PM
1) Approval of the building (in whatever form it takes) from Canadian and local governments.
2) Licensure from Canada (whatever the legal terms/conditions turn out to be).
3) Actual production begins in the facility (seeing little shoots of MMJ coming up in those pics posted online).
4) First sales of product.
5) Any action within Canada or the United States that moves legal marijuana forward (medicinal, or especially, recreational).
All of these occurrences will move the stock up. How high? Very high, in my opinion. Upon first sales of product, all those people talking about “pole barns,” “licenses,” “cousin’s property,” and the rest, will be wishing they bought under .09. This is the easiest money you will make.
Done.
Just my humble opinion – but as a college freshman I wrote a paper on how the Berlin Wall would never come down in my lifetime, so…
PS – As an adult I bought 8,500 shares of Apple in 1998 (and held).
PPS – PH*T is still a good buy at .60, but don’t believe me on that either. I bought it at .09
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