In my opinion this strength lends to the ability for BAMM to continue its momentum push upward, being currently valued ~$66 million dollars, Body and Mind had a buy out offer 15 months ago from TGIF aka 1933 Industries valuing them at ~$115 million, with significant business growth in the same time period, a share price target of $2.00 would get them to a little more than that $115 million dollar market capitalization, but warranted given the growth.
Financials were posted yesterday on Sedar, and demonstrated 303% YoY growth in Gross Revenue for 6 months ending January 31,2019 and 44% YoY growth in Gross Revenue for 3 months ending January 31, 2019. These financials show great growth, however do not yet capture their new dispensary in Ohio, the Clubhouse which opened February 20th and sold out first day, showing the demand. Nor can it include yet the revenue from their investment in GLDH - ShowGrow which is a Highly profitable private group of 4 dispensaries in California and Nevada, but not fully rolled into the company as of yet. The next 6 months should get really exciting revenue wise and could make this a great entry for the next 6+ months
Original Post: After a 3 month long consolidation with-in a US Multi State operator, Body and Mind: BAMM:CSE or BMMJ:OTC has broken out with increasing and price CSE:BAMM . Fundamentals of the company are strong, with significant operational growth in the past 2 quarters. Financials are due out soon and should begin to reflect the growth in operations. With backing from Australis: AUSA:CSE, this could be a great long entry for a Small Cap MSO that has big growth potential in California, Nevada, Ohio and now Arkansas.