Replies to post #3 on Emerging Marijuana Industry Company Discussion Boa

[Sobek]

Yes they are, and their revenues are trending right along with industry predictions of doubling year over year up to 2020.

Their revenues increased over 130% from $1.710 million in 2014 (up 32% from 2013) to $4.013 million in 2015.

Their gross margin also doubled and they also invested from profits an additional $510,000 into inventory and maintained over $200,000 cash in the bank.

Current assets $4.131 million
Current liabilities $1.265 million
Shareholder equity $2.810 million
2.298 million float :-)

This trend should put them well over $100 million a year in revenues by 2020.

Very strong company here in a necessity sector in the marijuana industry. Not to mention one of the first in this sector and a long term addition to my portfolio.

Awesome you are in the mmj industry. How long have you been in it?