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Friday, February 10, 2017 12:10:51 AM
Annual sales in excess of CAD $14,000,000 and adjusted EBITDA of over CAD $2,000,000
LP's in Canada are currently valued at 20-25 times revenue
Using 20:
20x ($14m x 51%) = $140 million
Using 25:
25x (414m x 51%) = $178 million
Thus at 36m shares VIN should be trading north of $3 once the deal closes.
Again i just used current acquisition historical sales
* Other deals could happen
* VIN is looking to go global
* VIN is looking to work with large growers and provide access for them to a comprehensive catalogue of cannabis strains.
* The company will also aim to in- license and joint venture on best in class technologies and products for both the medicinal and recreational markets - domestically and internationally.
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