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Been 2yrs since bought MJ positions, many have run hard last few months, luckily my fav MJ small cap is lagging by 100% to peers, so, after watching this company for yrs, bought some, Cansortium $CNTMF. Projected ~100M 2021 rev, MSO, & that unique TX licence 1 of only 3 is huge
Most recent Cansortium presentation below. Also of note is Liberty Health Science recently received buy out offer that = 405M currently. Liberty only in FL & FL ops about same size as $CNTMF, but with CNTMF also get, PA, MI, & TX, yet current FD MC = 206M
https://investors.getfluent.com/static-files/065bc6c5-2b6d-419e-a228-ba3d51fceac9
https://investors.getfluent.com/static-files/065bc6c5-2b6d-419e-a228-ba3d51fceac9
$VFF Village Farms has big MJ plans, & in the US it all starts with TX, but they will need that rare licence, & there are only 1 of 3 issued, will be big demand. Take out target $CNTMF Cansortium has vertical TX licence + would get VFF into MI/PA/FL with projected $100M 2021 rev.
Cansortium $CNTMF in FL Liberty Health is just ahead, & CNTMF expanding to 33 next 16 months. LHS is getting a 400M buyout, might end up more. Cansortium is currently FD 200M MC but also get PA/MI/TX as well. Huge disconnect here, should play catch up as more realize this
So MSO Cansortium $CNTMF projecting rev of $95-100M & $140-145M for 2021-2022 = ~200M MC, But $GTBIF projecting ~800M = ~7.5B MC. In theory CNTMF should = ~940M MC now just to fair value + have the rarest of MJ birds with big upside, a TX vertical licence. 940M = ~3.50 USD ~350%.
Cansortium $CNTMF https://investors.getfluent.com/
“evaluating M&A opportunities, with an eye on markets where it can scale with limited license protection.” Speculating $TRSSF or $VFF makes deal for Cansortium $CNTMF. Tera needs FL, & above statement fits TX, MI, PA licenses which CNTMF has. VFF needs TX https://www.newcannabisventures.com/well-capitalized-terrascend-continues-targeted-u-s-strategy-and-makes-progress-in-the-canadian-market/
4 state US MSO Cansortium $CNTMF is projecting “Adjusted EBITDA of $30 million to $35 million & $60 to $65 million for 2021 & 2022.” 35M X 20 = 700M MC or 2.55 FD pps, & 2022 65M X 20 = 1.3B MC or 4.72 FD pps. Currently 200M MC at .75 pps. https://investors.getfluent.com/news-releases/news-release-details/cansortium-inc-reports-2020-third-quarter-financial-results
