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upticker50

12/13/18 1:38 PM

#21164 RE: Agreg #21163

End of 2019?

So it will take us a year to break even?

This is farce man.

Wonder it will take a lifetime to even make few bucks here.
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Hippd

12/13/18 1:50 PM

#21165 RE: Agreg #21163

We will be selling oils, edibles and CBD drinks in 2019. I would be on it. Health Canada changes their minds monthly on what's legal and what's not and they seem to be loosening the reigns a bit.

2015 sales - 217k
2016 sales - 3.5 mil
2017 sales - 11.0 mil
2018 sales - 20+ mil
2019 sales - One would have to say minimum 40 mil based on history and sales license.

40 mil sales x's a modest online retail 20 x's multiplier is 800 mil divided by 300 mil shares is around 2.67 Canadian, which in turn would be a 2.01(USD) share price. This doesn't even factor in sector wide hysteria run-ups which are good for another 100% for a couple of days. So at .90 right now I am minimum looking at 120% or more gains in the near future. If one were to invest 40k and have 100% gains every year, he would have almost 1.3 million in only 6 years. Don't underestimate how much is possible to make here.