This is out of an article in the Colorado news paper January 29 2015. .....
"While buying a pound of cannabis is illegal for individual consumers in every state, this statement may now also be untrue in Colorado. One week prior to recreational legalization, a pound wholesale was worth around $2,137.50 on average. Since January 1st, prices have surged, causing the average strain price to be valued up to $2,733 per pound, a near 30% increase over the course of a week. "
The average plant yields 4 lbs and takes up 4 sq ft to grow. 23 acres in California only utilizing a small portion for 10,000 plants. Do the Math on the sales revenue of 10,000 plants. Then add another whole entire market in Canada with 55,000 sq ft of potential production.
The transparency Easton is providing its shareholders is excellent as well Medicated Markets. I understand they cannot provide sales revenues and financial statements due to the nature of the business in California dealing with cash and for tax implications. Showing us invoices of actual sales, license ID's for growing, all the pictures both in California and Canada an independent Audit preformed as requested by Medicated Markets. Easton is doing everything right to build shareholder confidence.
Between all the information provided, doing tons of Due Diligence and especially doing the math on medical marihuana sales above..... This is the safest and most lucrative investment in MMJ market.
Not to mention the potential of the creams ect that Easton also has patents on and the sales revenues from Vaporizers.
This is big and we are getting in for pennies.
Going long for sure. Shorts and day traders will play this one for a while but it is only a matter of time before it takes off.
GLTYA