Monday, July 03, 2023 9:28:24 AM
Canopy market cap is $under $300m and Institutional investor decided to do a convertible for $150 Million, which tells you the company is worth way more than $300M, just as PVSP Artizen is worth a lot more than $1.6 Million.
Money is coming back into the beaten down Cannabis Sector as the shares are so CHEAP across the sector.
Everyone of them are 65 to95% off their recent 2 year high prices, and PVSP and Artizen are no different.
Actually Artizen has done very well in keep revenues basically flat to slight growth when cannabis prices have fallen on average 65% over past two years. Word is that pricing is finally firming and beginning to increase which is a great sign for increasing revenues!
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