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Marillionaire

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Marillionaire

Re: None

Thursday, 01/03/2019 7:45:29 AM

Thursday, January 03, 2019 7:45:29 AM

Post# of 3345
TILT Holdings is buying vape cartridge maker Jupiter Research for $210 million in cash and stock: its just another example of an established vape co being bought . VPRB's time will come, this sale represents 3 x 2018 sales which is cheap in comparison to prior sales like Storz and Bickel to Canopy for 220 million on 25 million in sales .These prior vape co sales put VPRB a minimum of .21 cents to .70 cents based on 2018 , Now one has to consider thats multiples for Vapes , the multiples improve for CBD so with that in mind 5x to 10x is a reasonable assumption , thats .35 cents to .70 cents for 2018 revenues. Cant wait to see what 2019 will do , probably do 10 to 20 million
https://www.bizjournals.com/boston/news/2019/01/03/cambridge-cannabis-firm-tilt-to-buy-vape-tech.html

Handcrafted cannabis investments

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