Mary Jane Doe Comparable Analysis - Excellent
I think Mary Jane Doe took a good approach to her analysis. More on her blog site, but here is her comparison chart to other Cannabis Sector Stocks. She's basically saying ALGA has the potential with DTC Eligibility to see a market cap on average with these other Cannabis Sector Stocks. I like that she takes potential dilution into consideration on her analysis.
Cannabis Sector Comparable Analysis
The chart below represents the issued and outstanding and the corresponding market capitalization value of each of the leading Cannabis Sector Stocks above a penny. Below the Sector performance is the industry market average applied to ALGA at a projected I/O of 50 million shares (which is greater than the current I/O) and at a projected I/O of 100 million shares in anticipation that the company may issue stock to raise capital for its business plan. At either I/O level, the company is dramatically underpriced in comparison to the other Cannabis Sector stocks priced above a penny.
STOCK I/O Mrkt Cap AVG PPS
MJNA 900,000,000 $100,000,000 $0.11
HEMP 2,500,000,000 $81,000,000 $0.03
TRTC 189,000,000 $43,000,000 $0.23
GRNH 203,000,000 $19,000,000 $0.09
MCIG 270,000,000 $35,000,000 $0.13
AVG 812,400,000 $55,600,000
ALGA @ 50,000,000 I/O
1/2 AVG 50,000,000 $27,800,000 $0.56
AVG 50,000,000 $55,600,000 $1.11
HIGH 50,000,000 $100,000,000 $2.00
Low 50,000,000 $19,000,000 $0.38
ALGA @ 100,000,000 I/O
1/2 AVG 100,000,000 $27,800,000 $0.28
AVG 100,000,000 $55,600,000 $0.56
HIGH 100,000,000 $100,000,000 $1.00
Low 100,000,000 $19,000,000 $0.19
