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Post# of 70340
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weedisgreen

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weedisgreen

Re: Snug Harbour post# 69315

Wednesday, 01/12/2022 7:33:56 PM

Wednesday, January 12, 2022 7:33:56 PM

Post# of 70340
Maybe so. Tilray has a current Market Cap of $3.33 Billion where ACB is 1.14 Billion. We just went through a corrected in the cannabis space. I see a things that gives me confidence in both these companies turning into great long term plays, as I am in both as well.,Contrary to some opinions here I believe ACB is way undervalued at its current price. I see no reason why ACB cannot have the same valuation as Tilray and cgc as being all Canadian based companies. My guess is CGC and Tilray simply appear to have a better footing in the USA.. hence why the higher multiple.

Thoughts?

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Volume:
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  • 1D
  • 1M
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  • 6M
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  • 5Y
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