May. 29 at 8:12 PM
$MRMD I muted a bunch of people on here, unbelievably toxic board lol, but once S3 hits all cannabis, this has nowhere to go but up. .2x sales, half of book, this will be essentially completely de risked at these levels once S3 for rec is finalized. Not to mention what happens to the book value if / when IRS gives updated guidance / gets past taxes paid back and their uncertain tax liability is drastically reduced? Never thought I'd own so many shares, and I'm going to be buying more. MASSIVE buyout candidate. Fair value once S3 is finalized for adult use IMO is minimum 1 dollar. That would still only be like, 2x sales... My 20 cent cost basis is going to love that. Future has quite literally never been brighter for them or the industry. This is trading below liquidation value. I will not be surprised at all to see this gap up hard once
$MSOS really starts to catch a bid. Someone looking to enter the cannabis space with a buyout, this is one of the best options out there.