InvestorsHub Logo
Followers 21
Posts 2095
Boards Moderated 0
Alias Born 04/08/2014

Re: Wo post# 24746

Tuesday, 10/20/2015 11:53:34 AM

Tuesday, October 20, 2015 11:53:34 AM

Post# of 128594
Thank you, good interview, in it Dundee Capital says rec market will hit 2-5 billion and medical market will hit 1.2 bill. So at the midpoint and assuming Canopy takes just 1/10th of that combined market, thats about 500 mill in anual revenue for Canopy. Based on Dundees estimates, if they are correct, you put just a 2x sales multiple you get a market cap of 1 bill. Thats up 5x from current market cap. Not bad