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BPeterson166

06/12/19 4:11 PM

#280 RE: alabama96 #279

Well, they at least had a story published on CNBC recently...

https://www.cnbc.com/2019/06/10/green-growth-brands-to-open-over-70-cbd-shops-in-malls-with-brookfield.html

Volume seems to be the issue I feel like, with sellers obviously outweighing the buyers at the moment. With avg daily volume at only 266.8k, they clearly haven't been able to lure a significant amount of big time investors yet.

Another one or two quarters of consistent 50%-75% revenue growth, and it'll catch the eyes of the right people.

pedro12

06/12/19 4:43 PM

#281 RE: alabama96 #279

I don’t know about that my friend, it’s kinda hard not to notice GGB if you’re an investor. It’s the one story that’s consistently in your face when it comes to the CBD industry. Maybe the margins are too wide apart, or people want to wait that the balance sheet becomes profitable before investing, which is dumb because then the stock is likely to rise considerably, now is the time to buy, not when the pps is 7 or 8 or $9. Not to do my laundry in public, my partner and I have thousands riding on this company, we will hold our position, we have to. Thanks for the chat