InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,702.55
(
-0.19%
)
US TECH 100
19,287.60
(
-0.24%
)
Dow Jones
42,063.36
(
0.09%
)
Brent Oil
74.14
(
0.00%
)
Bitcoin
62,834.14
(
-0.58%
)
Post# of 129054
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

NickDz

Send PM Follow Ignore
Followers 11
Posts 1570
Boards Moderated 0
Alias Born 08/26/2010

NickDz

Re: None

Wednesday, 02/10/2016 8:23:06 AM

Wednesday, February 10, 2016 8:23:06 AM

Post# of 129054
The cannabinoid market is worth around 74 billion annually. If CBIS manages to capture even 1% market share, they generate 74 million in revenues and with simple 10x multiplier for valuation (super conservative for biotech which is usually around 20/30x) they're worth 7.4billion and that's about $2.50/share
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up