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Re: slacka post# 27136

Friday, 06/21/2019 3:06:17 PM

Friday, June 21, 2019 3:06:17 PM

Post# of 35275
Hits the balance sheet as an asset.

It's nothing substantial at the moment, but delivery companies are pushing some interesting valuations.

Not too long ago I posted an article about eaze, a California delivery company. They were doing a capital raise valuing the company close to $1B. They are calling themselves a delivery leader in CA.

Pineapple Express is slowly positioning themselves as a Canadian delivery leader.

Not worth $1B now, but if we're using market comps to justify a valuation....Pineapple could easily push a pretty impressive valuation in time.

They're doing a great job with expansion and growth.

LPs, retailers, shopify and many more using pineapple express as a preferred delivery partner. Their consistently adding new partners on a weekly basis.

Namaste owns 50% of pineapple.