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Shares Outstanding

Matthew Norris
Eminent Member
Joined: 10 months ago
Posts: 46
Topic starter  

According to your latest video on Bhang, looks like they have 165M shares outstanding. I started to think about that number for a minute along with a share price of .05-.06; and the deal with Trulieve and the Colorado dispensaries. So this is a market cap of about 9.9M.

Since these are licensing deals, they'll likely not have to raise capitol/ issue additional shares, when those revenues start rolling in. Seems to me that this is a TREMENDOUS opportunity (just like you said in the video). Currently sitting on just 30,000 shares and adding when able.

This topic was modified 4 months ago by Matthew Norris


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