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Retail Investor's Perspective
-As recent as June 16th, was a holding within HMMJ (World’s first medical marijuana ETF and often cited as the industry’s benchmark).
CASE STUDY 3 - HelloMD
Their crowdfunding campaign continues with well over USD$1.3M raised to date.
HelloMD metrics per the above referenced crowdfunding source and their website.
-2016 revenue: $1.9 million
-Projected Legal US Cannabis Sales (2020): $22 billion
-2016 net revenues of $1.9 million (up 256% year-over-year)
-130K registered users with ~9K joining per month (only operating in CA; plans to expand to 28 states in 2017)
-170K+ Monthly Unique Visitors; 400+ retail partners
-99% say they trust the medical information on HelloMD, based on a HelloMD survey in Jan answered by 3,606 customers.
-The offering closes on July 3rd. For detailed information, look no further than our May/June issue that can be accessed for free at www.cannainvestormag.com
-The crowdfunding options opens investing in this company before it goes public to a wide array of investors and with a minimum investment that will fit the risk tolerance and budget of the majority. It has often been said that investing in shares of a successful company before they are publicly listed is where the greatest risk lies but is also where the real money is to be made.
Is this Industry Ideal still ideal for the prepared Retail Investor? You Decide! The 2024 Projected Sales Graph May Provide The Answer.
Invest Long and Prosper and to my fellow Canadian subscribers enjoy the 150th Anniversary of Canada and start that one year or less countdown to the official end of prohibition. For our US subscribers, I wish you all a Happy Independence Day this July 4th.