Fine statement of realty. Personally, if I had to be in the inner circle of this company I can't think of one thing I would change at this time considering all the moving parts.
These folks have brick and mortar which will expand rapidly as each state moves forward in legalization.
These folks have internet sales which will improve rapidly as each state moves forward in legalization.
These folks have the JV opportunity to be a part of the growing capacity which will grow rapidly as there is currently a huge shortage in the market, as states move forward to legalization.
These folks have now begun talks of JV with the medical sector which will also expand as states jump on the revenue aspects of legalization.
Factoid, in my opinion is that the interstate transportation of legal MJ through non-legal states will become a virtual nightmare for the DOJ and DOT.. The Feds will have to release the banks and decide to allow interstate transportation (within reason) or, risk the loss of mucho taxable dollars.
There is much more here to look at opposed to the daily or minute by minute pps.
I am sure I did not cover all that PHOT is doing nor do I really care to as those who know....know.
I normally buy into things will a bit of a longer view dependent on the actions of the company. If I don't feel safe in a relative way...I simply sell out and move on. But, to freak out simply over a 3 bil. a/s is nuts here. They have to have room to grow and something to offer in a JV with as many folks as are out ther doing well in so many area's of the MJ market potential.
I would think it is important to get in cheap on the beginning of as many of these markets as possible to position for the growth potential for the future.
ALL OF THIS IS OF COURSE JUST MY HUMBLE OPENION. PLEASE....THINK THINGS THROUGH AND MAKE THE RIGHT DICISSION FOR YOURSELF. GLTA PHOT
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