4. an application to have the U.S. Supreme Court hear the case. This alone creates a lot of speculation about the outcome of the legal case and speculation about the stock price.
The only people who know how much of Greenshift's revenue and profit (if it has any profit at all) come from cannabis are people who know what the CEO looks like when he's drunk.
Just a remnder. The Class G shares of GERS stock, which rarely trade, have 10x the voting power of the GERS shares that are bought and sold every day.
Yes, it certainly is. An undiscovered pot play. GreenShift got it's start in the ethanol industry where they invented corn oil extraction. They've dealt with CO2, ethanol, and evaporation systems, the same things used in cannabis oil extraction. Many years ago, GreenShift started developing cannabis yield and oil extraction technology, some of which transferred over from what they learned in the ethanol industry. In 2017, GERS became a significantly regulated organization registered with the FDA.
GreenShift licensed Artizen Cannabis Of Washington. Those guy's are selling $14.20MM per year of weed from 220 retail pot shops. The CEO of GERS is also the CEO of Artizen. http://www.artizencannabis.com
GreenShift licensed White Buffalo Corporation who just bought a CBD extraction facility with a capacity of 100 tons of hemp per day. The CEO of GERS is also the CEO of White Buffalo Corporation. https://whitebuffalocorp.com
GreenShift may have licensed their technology to other cannabis companies. They do have many patents that cover bioadhesives, renewable chemicals, and bioplastics reinforced with hemp fiber. Like plastic bags, glue, and material to prevent weeds and erosion. That's something 3M has been very interested in lately... https://hempindustrydaily.com/3m-eyes-hemp-for-adhesives-packaging-replacements-even-growing-new-organs/
GERS' licensee Artizen and Canadian pot play New Leaf Ventures are planning to merge by the end of Q121...
ZAM’s existing clients operate four licensed cannabis cultivation facilities and one processing facility in Washington, with about 180,000 square feet of canopy, of which about 70,000 square feet is used to produce about 8,000,000 grams of biomass annually. Most of the biomass produced by those facilities has been sold historically under the Artizen™ brand, including the all-time top selling product in flower in Washington state, and five of the all-time top ten.