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Saturday, May 18, 2019 4:22:31 PM
Just for fun, let's have a look at the following for a sense of what twice the estimated Global earnings might look like considering the combined income streams from: one Hemp Farm, Indulge Oils, Infused Edibles, and Distribution to Lake Tahoe:
Fully diluted:
OS: 1,200,000,000
Earnings: $50,000,000
EPS: $0.0357
Multiple: 24
PPS = $1.00
CEO's 2019 Conservative Projection
OS: 1,200,000,000
Earnings: $100,000,000
EPS: $0.0714
Multiple: 24
PPS = $2.00
OS: 1,200,000,000
Earnings: $150,000,000
EPS: $0.1071
Multiple: 24
PPS = $3.00
OS: 1,200,000,000
Earnings: $200,000,000
EPS: $0.1429
Multiple: 24
PPS = $4.00
Keep in mind, 24 is an average multiple in this stock market though stocks in the cannabis industry have traded as high as 240 times earnings; they can be volatile at times, think Tilray! Go Matt, go Tom! $GCGX...
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