HOLD TIGHT!16 Dec 2020 09:59
I think the clear poistives deserve to be atop the board rather than the deramping negatives with no substance , don't you? A repost from WeatherGeek (much appreciated).
'People need to do some more research. This isn't an AIM stock with billions of shares. There is 196m in issue of which only 30% are in the general public. The CAGR on the CBD market is 49% going out to 2025.
A distributor bought a big chunk of the company
The directors recently bought
The women's beauty products have won awards.
The CBD Oil has been featured in GQ magazine 2021 grooming awards with a 50m readership.
CBD smokes will replace tobacco for most cannabis smokers.
USA & EU distributions are rolling out as we chat.
Online sales were up 190% month on month Sept to Oct, before the GQ magazine feature
The product range is sold for tens of pounds not pounds.
The Gummies and Oil are some of the nicest on the market
Everyone who buys them feels a benefit to there well being
We only need £50 profit per month in all stores to have EPS of 31p
£50 profit in all stores per week gives an EPS of £1.36
On a PE of ten that gives a £13.60
That doesn't include online sales potential
Here's a bit about the new US distribution rolling out now....
The AATAC is one of the largest trade associations in the US, spanning over 88,000 locations and representing a majority of the nation's 154,000 convenience stores. The organisation connects its members to a select network of suppliers, granting them access to the highest quality products and providing specialist training to ensure that they can market and sell goods as effectively as possible. With affiliates situated throughout the US and Puerto Rico, the AATAC brings together the world's brightest and best brands which are then sold in busy stores that include (amongst others) BP, 76, 7-Eleven, Gulf, and Chevron branded outlets.
They may not be making it now, but the will be in a year or two. Do you know how many people smoke Cannabis in the USA and EU? So many will buy CBD smokes over tobacco for health reasons.
United States 16.2% of population in 2014. Similar studies for daily usage have shown that 2.83% of Americans in 2019 used
marijuana every day per month, up from 1.33% in 2010, and 0.81% in 2002.
Here's the world usage..
https://en.wikipedia.org/wiki/Annual_cannabis_use_by_country'
WeatherGeek