This is too good...., page-28

MXC doesn't seem to be anywhere near MMJ.
Its Market Cap Rise of late seems to be due to Hype from Investors piling into pot stocks.
They seem to be more focussed on Marijuana Based Cosmetic Products.

Positives are 4million cash, No debt, and the construction of there extraction plant in Solvenia is nearing completion. See below Link.
So Different market, different product to MMJ.
They are banking on supplying Extract to the Australian Medical Sector via the Fast Tracking of import of Extract.
However Long term I dont think this will last too long, due to the rise of home grown and produced extract.
Also the Number of shares of issue 875Million is a lot more than MMJ.
So the current Market Cap of MXC of 65Million seems a bit excessive.

My 2 Cents



https://newswire.iguana2.com/af5f4d...d_Extraction_Facility_On_Target_Q2_Production
Construction of MGC Pharmaceuticals Slovenian Cannabinoid extraction facility is nearing completion, remains on track to commence first production in Q2 2017