CV Sciences Inc (CVSI)

[HopeSkeptic]

Chilling - here's my guess on SP if q3 is $20m sales: using price to sales- Trailing 12 Month sales would be $47.6m. If we used our current multiple of 14, the share price should be around $7.40. (47.6mx14=952 then divide by float 90.2= $7.40)

But if revenue grew like this it would draw a lot of attention and I could easily see a 20 multiple, so make it $10.50.

Taking just half of the very lowest CGC/TLRY/ type multiples (range from 140-350) or something like 50 - would put it at $26.75.

Looking ahead, similar growth rates for the next Q would put the 2018 annual sales around $65M and at 50 multiple would be $36.

So I say $10 SP with Q3 and $20 SP by Dec 31.