Latter stage ACMPR license applicant with a market cap of <$8.2MIllion
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By William Weady
Feel free to follow me on twitter @Weady28
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MARICANN GROUP INC.
CSE:MARI OTC:MRRCF
As At February 5, 2018
Shares Outstanding: 92,386,723 (www.tmxmoney.com)
Share Price: $2.51 Market Cap: 231,890,675
CORPORATE PRESENTATION
We know that this industry is a vibrant eco-system that changes on a dime. How can revisiting a case study from last August be a case study in April-May 2018?
The title of my article this month is “And Now For Something Completely Different” referring to an extended bearish period. The August case study we are revisiting was titled “Low Market Cap to Revenue”. Here is the link to that issue of CannaInvestor Magazine should you wish to better familiarize yourself with these companies.
To many, the past few months eroded a portion of their significant gains. To some, the last few months has resulted in a significant loss. What if we could somewhat hit “reset”? You see, the fundamentals of those companies have not changed. In fact, as you will see, the Fundamentals have only improved as has the environment such as the Senate effectively passing Bill C-45. In our January 2018 issue, we looked at the ROI of these companies over the four month time span since the case study and those results are repeated here.
CASE STUDY
An August 2017
Case Study Revisited