Panacea Life Sciences Holdings Inc (PLSH)

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Not a good day for the Cannabis and Hemp Industry. At first glance the average loss in market cap yesterday was approx. 20%. Most stocks fell for the same reasons, missed revenues and missed profits. Execution by these companies seems to be lacking. The result is shrinking multiples. However, one company stands out if you look at it's chart. Charlotte's Web which is the company we are trying to emulate is back to 20x revenues USD. We see that last years crop of 300 acres up from 2017 at 70 acres is resulting in a revenue run rate of approx. 100M for the following year 2019 at a 75% margin. This is in line with a projection of 60M for EXDI in the coming 4 quarters following our own harvest of 200 acres. At a 10x multiple we get approx. 650M with 37M shares or a pps of $17 per the Seeking Alpha Article with a $34 pps target at 20x revenues. The conference call today at 4:30 pm EST will hopefully lay out the path to these numbers. The next year ahead should be exciting for all shareholders. The announcement on Tuesday of Wednesday's 10Q now followed by a conference call today which will be available for the next 2 weeks shows imo professionalism and execution and what we would expect from a 1B plus company. Maybe the industry could learn from us.