InvestorsHub Logo
Followers 1
Posts 20
Boards Moderated 0
Alias Born 02/06/2018

Re: MaximusMax post# 1170

Thursday, 04/05/2018 8:58:38 AM

Thursday, April 05, 2018 8:58:38 AM

Post# of 3433
Not sure you understand this company very well. They are a streaming company who will get product from their streams to sell on the market when recreational use is legal. The medical marijuana market is limited at this point so the companies revenue is limited at this point. Hugo Alves already estimated that they'd have about 8M in revenue in 2018 from their streams for one quarter of recreational sales. What do you think their revenue numbers will look like in 2019 with four quarters of recreational sales and the FV Pharma JV Phase I completed sometime in Q3 2019, $40-60M. To put that in perspective, Canopy Growth had 40M in revenue in 2017 and they are currently in the $20 range (though to be fair they have 120M O/S and CBW has 400M O/S. Just on revenue projections you could project a $5 SP for CBW sometime in 2019. That's a 450% increase from current prices. By 2020 when FV Pharma is at full capacity, the Quiring JV is at full capacity and their other streams are paying off this company could have $1B in revenue. At this point it's all speculation. Canada could vote to not legalize marijuana and this all goes up in smoke.