Yes, having a grow op in the biggest rec market in the world, and likely the most expensive in the world likely helps.
Opening weekend of rec sales on the 1st of July in NV, and dispensaries were selling for double price, and people/tourists are willing to pay!
I'm long in the other stock.
I checked out INMG FB links posted yesterday, and I think the problem here is that there is no visibility here yet.
The Facebook page has 3 updated profile pics, no posts, and 22 followers ATM.
I would expect some content on the social media pages to draw attention to the stock.
I know it's a sponsor for MJAC, but right now they are just advertising that, and little is being done to raise the stock value.
In terms of their capital debt/loss, they get to carry that loss against the gains when tax man come a knocking. Earnings up and revenue up? (I'm not a financial specialist, but assumed one would equate to the other!? Correct me if I'm wrong)