TLRY +30%. DTEA no competition in Canada. Unilever acquired Pukka for about $160m(est. 4 Times sales). DTEA doing X4 ($40m/Qtr, or $160m Annually), that's $640m respectively vs $60M Market cap!. has $90m Net Assets, $40M Cash. DTEA has almost twice TLRY's ($13B cap) cash on hand, doing X10 Revenues Annually and Net Assets X3 either...."we are ready to find a CEO who will enthusiastically adapt to the DAVIDsTEA environment" "we have made adjustments at head office to change our operations and our culture", just hired 2 ppl who work and are directors of Cannabis Co.
when the "move" is done, you are looking at 20$/ stock because they are already well settled and no marketing issue. with $39 million cash , $20 million line of credit , 240 corp stores 450 Loblaws.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.