GDSM ALEXA

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420 concept

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http://www.washingtonpost.com/blogs/wonkblog/wp/2014/10/24/the-marijuana-industry-could-be-bigger-than-the-nfl-by-2020/

The marijuana industry could be bigger than the NFL by 2020.

Can $GDSM be part of it

A report out from Greenwave Advisors, a "comprehensive research and financial analysis for the emerging legalized marijuana industry," projects that legal cannabis could be an industry with revenues of $35 billion by 2020 if marijuana is legalized at the federal level. They note that this is a floor representing revenues in the first year of countrywide legalization.

To put that figure in perspective, $35 billion represents more annual revenue than the NFL (currently $10 billion), and is roughly on par with current revenues for the newspaper publishing industry($38 billion) and the confectionary industry ($34 billion).

Greenwave arrived at its numbers by considering existing and likely marijuana markets - medical and recreational - in states that already have them, as well as states that appear likely to open up such markets by 2020. According to the Huffington Post, Greenwave assumes 12 states plus DC will have legalized recreational marijuana in that time, with medical marijuana markets in 37 states. Currently 23 states have legalized medical marijuana, and two have legalized the plant for recreational use. Even without full federal legalization, Greenwave projects legal marijuana revenues of $21 billion.

It's worth noting that there's a fair degree of uncertainty surrounding these numbers - current estimates place the size of the U.S. black market at anywhere from 10 to 120 billion dollars. Predicting future marijuana sales may be a fool's errand, as evidenced by Colorado's difficulties in projecting marijuana tax revenues earlier this year.

Considering the legal marijuana industry generated roughly $1.53 billion in revenues in 2013, according to industry research group Arcview Market Research, it's reasonable to assume there's a lot of growth potential between now and then. That potential has attracted investor interest, but enthusiasm remains constrained due to the uncertainties surrounding legal weed.

The biggest buzzkill remains the federal government's classification of marijuana as a Schedule 1 substance, making it illegal for any use. The Justice Department has thusfar taken a hands-off approach to legalization efforts in Washington and Colorado. But depending on who wins the White House in 2016, or who Obama nominates for the Attorney General slot until then, that situation could change on a dime.

And the DEA still demonstrates occasional bursts of enthusiasm for raiding medical marijuana dispensaries. Just yesterday the DEA raided two branches of the well-known Farmacy dispensary in the Los Angeles area. The dispensary has a reputation for being one of the "best-run in Los Angeles," but that didn't stop agents from seizing computers, cannabis and cash from the locations. According to the Huffington Post's account, the DEA has not yet given any reason for doing so.

GDSM name change

The new name should be released soon and will this generate some interest and movement?

GDSM disappointed

Don't want to bash but this share structure has grown out of control. If we said 3 billion shares and it is more than that to justify .10 that is $300 million. A penny is $30 million. None of Mikes estimates are even close to that. There is no buying no one can disagree with that our measly 10 million shares a day max at .0003 is only $3,000. I would bet the majority is from the company. 

I believed and bought into Mike's Conference calls and he is going to raise the price with revenues but it is getting very old that there is no evidence of revenues and the price sinks lower every day.  

The financials have been at least 6 months, the name change is taking forever.  

We have no name recognition or for that no trust.  

This share count needs to be reduced and even as 10 to 1, I would welcome, but right now only empty promises. 

Green Leaf Analytics

LLC finally approved and registered with Maine another revenue source.

https://icrs.informe.org/nei-sos-icrs/ICRS?CorpSumm=20151894DC

Go GDSM

GDSM thoughts

All my opinion but I think we may have turned the corner.

I have been saying the revenues for the last quarter would not be that great but that is behind us. 

finally the merchant card is active. 

CO $150k first year.  More grow facilities more income.

The mobile testing $30-$60k.  I will post as soon as LLC is active.

Now audited financial next step. Then name change and up listing.

Things looking better.

GDSM news out

Good news new revenue stream 

WILTON, CT / ACCESSWIRE / November 18, 2014 / Gold Coast Mining Corp. (OTC Pink: GDSM) is pleased to announce this new and significant relationship.  

The Company is pleased to announce that it has executed a new agreement with a Mid-West based merchant card provider that has solutions to allow dispensaries to accept Visa and MasterCard. The new program features 48 hour funding with no rolling reserve.

With the continued growth in the cannabis industry, accelerated by the recent elections, payment solutions continue to be one of the most significant challenges. Gold Coast's MJ-Merchant has continued to search for viable solutions. The Company believes this provider has very attractive solutions and MJ-Merchant will greatly benefit from the relationship.   

MJ-Merchant has received numerous inquiries, via its website, since its launch. Those leads will now be contacted in hopes of conversion to profitable clients. Additionally, the Company has built a CRM to market merchant services that currently has a database of over 2,000 dispensaries.  

"I am very pleased with this development and look forward to the revenue and profit coming from this relationship. On another note, the Company has received all the testing equipment necessary to launch Green Leaf Analytics. I am only waiting to receive formal notice from Maine's Secretary of State that our formation documents have been approved and recorded." commented Michael Shea, CEO.

Shea concluded, "Operating in this industry is challenging and takes considerable time to remain in compliance with local, state and federal laws. Despite these circumstances, the Company continues to execute in business plan and remains committed to being profitable in 2015".  

GDSM Potential 33,000% gain

Right now GDSM is thinly traded at .0003.

The quarterly report was not great but the next quarter will be the do or die.

I think we are at the low point for the company.  I believe in Mr. Shea and his business plan.  The old is behind us and he has acknowledged it.

If we go to 10 cents than 33,000 percent gain if my math is correct.

How can we get there.

1. $10,000 per month in CO and expand grow facilities.

2. Maine teasting grows.

3. Accepting credit cards for MJ sales once we get confirmation more revenue.

4. No BS PR going to grow by revenues.

5. Current in fillings unlike 90 % other pinks. 

6. Name change coming.

I think a once in a life time opportunity.

Detractors high share count.

CEO has said no RS until share price supports.

I do hold GDSM do your own due dilegence.

Gdsm

Quarter report out 

http://www.otcmarkets.com/financialReportViewer?symbol=GDSM&id=129314

GDSM

GDSM rolls out Green Lead Analytics in Maine.  Will be generating revenues in two to three weeks. Tweeted that moving into DC and Oregon.  

Great article

http://www.forbes.com/sites/markfidelman/2014/11/04/why-legalizing-medical-marijuana-will-make-investors-extremely-wealthy/?utm_source=MNTR+in+Forbes+-+Fidelman&utm_campaign=MNTR+Forbes+Fidelman&utm_medium=email

Why Legalizing Medical Marijuana Will Make Investors Extremely Wealthy