Wednesday, May 17, 2023 8:34:33 AM
Cannabis Companies are currently valued at 2 to 4 time trailing revenue, which should put us at $36M to $72M. Super Conservative value would be round $50M.
Currently we are valued 50 times lower than where we should be, even in this extremely depressed market.
This imbalance will not stand, the conversions are over and have contributed to the insane pricing.
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