InvestorsHub Logo
Replies to #507 on AusCann (ACNNF)

ForAllSadWords

05/23/17 1:41 AM

#508 RE: CES2002 #507

Of course we need revenues. But it's been less than a month since they got their license to grow demostically, then there's R&D education to doctors and to patients, advertisarion for the products. Then you've got to remember that maybe in a few years Australia will legalize just like Canada and parts of the US have (and likely to be federally within a few years) then other western countries followed by Asia (where Australia would be the easier and cheapest import location and has A LOT of sun so the capacity for AMAZING cannabis) in looking at Auscann as possibly a 3-5 year investment; perhaps even 10 years if my 'perfect world' comes to any sort of fruition. I truely believe $4 usd is strongly possible within the 3-5 year timeframe and then optimistically (and in my daydreams) I would hope for $7.50-$9 USD as a perfect sell point.