I'll bite. There are lots of MMJ index companies out there, but many will only remain in business if the U.S. Legislation changes. I would not own one of those because their business is not diversified well enough. They could go bust tomorrow. However, I do want to establish a risk position to possibly profit off of this industry potential early. Of the companies that are diversified, a smaller population of them are SEC reporting. Most of them are involved with ecigs or vapes. The ones that come to mind are $vpor, $mc1g, $v@pe, $vpcø and $ec1g. If there are more out there that actually report earnings, then please let me know. I would like to analyze them.
$mc1g is valued around .05-.08. They aren't making much money but are growing. They haven't had note conversions so their PPS still looks ok. Still overvalued at .10.
$v@pe had a reverse split last year and shares began hitting the market, same with $ec1g. I value $v@pe at around $1.50 (300% gainer long term), and if $ec1g converts their 13m into shares they will easily return to around 20 cents in a years time. Dilution is just beginning there.
$vpcø recently merged and I don't know as much about them. Likely undervalued though.
When it's all said and done, $vpor has had over $3 million in shares sold onto the market from debt conversions since mid November. It's constant downward pressure that has kept this price so low. Using the same exact valuation method and assumptions that I used for $v@pe and $mc1g, they could easily support a price of $0.035. I know that is a 2,000% percent gain from here, but the numbers don't lie. They are making money and approaching a cash flow positive situation. That is why I would only buy $vpor. Highest ROI potential with measurable numbers. Everything else is a pump.