They based the hemp projections with wrong numbers. Growing hemp is not the same as growing medicinal bud worth $11-13 a gram. Completely wrong numbers. I bet hemp is worth 1/10th that price. At best. I'll be watching here though. Crazy price increase.
Along with Gross Profit should put this in tier with a few other Canna stocks ive been watching. This one will be a wild ride for sure, dont think they are not shorting this thing like crazy.
If you want to get an honest valuation, then consider what the share price is when this company does zero harvests/per year. You'll find a huge supply of hot air, but not so much demand for it.
Thank you so much for this. I’ve always seen the mja sector as a long play. It is a part of my retirement portfolio. I’m building as much as I can since 2012 and this company is well worth the risk. A million shares now can make for a very nice retirement account in 10 years! GLTA
WOW! What a breakdown, I have been watching medical marijuana inc. for a couple years now and there have been news post after post of record breaking income from them and their subs, but that income never makes a thousandth of a penny difference in stock value. My knowledge seems elementary but only thing I've learned is sub penny stock is going to do a reverse split, the broker will charge you $35 for the division math and then the stock price will be in a downward spiral.