iAnthus Capital Holdings Inc (ITHUF)

[Nfreed31]

As of today's closing price, their annualized price to sales ratio is now 2.67. Hadley said on their conference call yesterday that they are doing over $10million a month now so realistically they are trading at around 1.7 price to sales if they did over 10million each month in Q3. Super cheap here

I compared them to another MJ Aurora to see how they are stacking up to another company in the sector and ACB is trading at an annualized price to sales ratio of 10.58 or 4x higher. Sooner or later these valuations matter as companies cannot trade below book value. We have massive short positions open in the sector and on Ianthus. When we rally, it most likely will be explosive and shorts scrambling to cover.

I doubled down on my share count today. Good luck to all longs!