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happykat

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happykat

Re: vantillian post# 77302

Tuesday, 10/25/2016 11:08:01 AM

Tuesday, October 25, 2016 11:08:01 AM

Post# of 158782
This article states that sales ratios, rather than PE, are used for valuation of MJ stocks. They trade at an average of 35x sales, which sounds high, but it's because it's an infant in an extremely high growth sector.

http://www.cannabisfn.com/cannabis-valuations-are-lofty-now-but-could-be-cheap-long-term/




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