DPWW-29YI, thanks for being a team player. I'm now at 545K shares with an AWP of $.165 so I'm down ALOT. But, I keep buying as I'm able to continue lowering my AWP. I bought heavy a year ago and those shares are way behind. The more we share and trust each other, the stronger this board becomes.
I want to make this point clear. DPWW's real growth (new stores, revenue, etc) will happen as soon as cannabis is rescheduled or states rights act allowed for marijuana. It's basically a road block right now that Diego Pellicer management is trying to work within as they can't get traditional bank financing nor accounting rule changes that impact cannabis businesses greatly.
This is going to be a process and will take time and investors need to view the big picture and how businesses operate with a federally illegal product.
The stock is undervalued and Ron knows that. But as soon as the rules change (hopefully sooner this year than later), the floodgates open and they will be able to really develop the business, acquire the dispensaries along with their $10M yearly revenue combined and have a balance sheet which will look very strong and drive SP much, much higher.
That's what I'm waiting for and understand SP will fluctuate until that time. Everyone do your own DD and make your own decisions. I will continue to acquire and hold for that time which will come this year. Patience is a virtue with DPWW.
Peace.
CF
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