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Chirodoctor

12/14/18 9:55 AM

#37357 RE: Hmmmmmm #37354

Great post hmmmmmm.....
Many of us see. Some are blind. Some are downright stooooopid.
Oh well. The future is bright.
Earnings baby, earnings,
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TrumpsVP

12/14/18 9:58 AM

#37359 RE: Hmmmmmm #37354

He doesn’t understand that different industries have different valuation metrics...

He’s comparing the valuation of a big box brick n mortar store in the retail industry to a leading supply provider in the young and rapidly growing cannabis industry.

A 10x valuation is very low in the cannabis industry. Especially when you consider the fact they have no debt, rapidly growing revenues, and profits... which almost none of their other competitors have!

He’s not taking into account anything that sets us apart and makes CVSI poised for years of leadership in this highly lucrative space, that is only just beginning to grow.
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ANIA77

12/14/18 10:13 AM

#37370 RE: Hmmmmmm #37354

After Farm Bill their revenue can change 10x + literally over night and match their market cap .. that's the whole beauty of the new and rapidly growing industry.
It is pretty obvious that at least CVS and Walgreens have to start carrying CBD products.
PlusCBD is going to be on their shelves and that means 10k stores of CVS and 10k stores of Walgreens. That's 10 fold increase in stores count that they have now.
Then you have Target and Wholesfoods and so on and on ...
CBD oil is on a top of the list of health trends set for 2019.. every store will want to carry it asap..
Accumulate what you can here.. imo
$CVSI