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Magnum7419

11/07/17 8:38 AM

#237743 RE: BidnessMan #237742

"I want point out that generating significant revenue is not a guaranteed predictor of a rising stock price, especially in the short term.
When looking at start up companies like these it’s important to evaluate other factors like cash burn, the competitive landscape, management strength, access to capital, and strength of balance sheet. It’s also imperative to look at market capitalization (the value of the company), because sometimes the price of admission is just too high."

https://www.leafly.com/news/industry/cannabis-investing-does-revenue-even-matter