Just so we are operating within some valid context here when discussing market caps, I would like to list some well known MJ tickers for comparison without even discussing operations, sales, branding, products, patents:
ERB*
OS=6.5bil, mkt cap=15mil
GRN*
OS=307mil, mkt cap=42mil
HEM*
OS=754mil, mkt cap=31mil
MYDX
OS=150mil, mkt cap=6mil
During the 2014 rush, Erb* had a market cap over $500mil. I thoroughly expect MYDX to overshoot any "reasonable" valuation as that is how averages are attained. Tickers trade both above and below their "valuations." This has yet to trade above or even at the most menial of "accurate" valuations.
