I agree, KSHB has a rich valuation. However deserving of the valuation they are, I don't disagree with more downside possibilities.
On the Flip side, KSHB is one of the best positioned and well managed Tickers in the Cannabis Industry. CEO stock sales are non-events.
KSHB has shown healthy revenue and revenue growth over several consecutive quarters, and I see potential revenue growth acceleration into the the end of the year, but mostly into 2018 & beyond as more and more states come on line for medical and recreational use.
They will be deserving of a $1 Billion++ market cap in the next 18-24 months as the industry explodes with demand.
KSHB is Blue Chip ticker in Cannabis Industry....hands down.
So, if your looking for a flip or a shorter term play, KSHB isn't for you.
If your looking for a good potential long term play and cannabis industry powerhouse, KSHB is for you.