CANNAINVESTOR Magazine March / April 2017 - Page 117

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Industry Outlook

*Entirely ripe “Role Up “ acquisition strategy

*Dominated by mom and pop owners with no exit strategy

*Trading at 4 to 7 times EBTIA

*Convert into themed branded Cannabis friendly RV Campgrounds

*Plans call for this company to be a separate public company

*Industry outlook positive

*California at tipping point

*States will be left along

*Industry continues to grow

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