Blum Holdings Inc (BLMH)

[stockanalyze]

based on 80 M you gave, the price to sales ratio is as follows :

UNRV = 1.66
TLRY=12.62
SNDL = 26.34
CURLF = 9.23
GTBIF = 9.21

so the minimum share price of UNRV today if 80M is correct , to match CURLF, GTBIF price to sales ratio , should be at least $1.64 and to match TLRY's it should be $2.25 and to match SNDL it should be $4.71

so our range is $1.64 to $4.71. I think we should be at $2.25 at the very least. Opinions?

remember Cannabis sector is hurt badly at this point so this is like a lowest ballpark as you can see almost all stock are down 60-80% from their high and the numbers I arrived are based on share price that is current. so more upside after $2.25, this is sort of lowest I have come up with based on 80M revenue and I am sure the revenue is much higher and they have cash too. they should put out the Proformas with comparables, it is not a rocket science if I can do it although this is simplistic view only. i am at a loss why it is trading at 10% of its minimum value if 80M number is correct.