InvestorsHub Logo

Bergycb

10/20/15 11:53 AM

#24749 RE: Wo #24746

Thank you, good interview, in it Dundee Capital says rec market will hit 2-5 billion and medical market will hit 1.2 bill. So at the midpoint and assuming Canopy takes just 1/10th of that combined market, thats about 500 mill in anual revenue for Canopy. Based on Dundees estimates, if they are correct, you put just a 2x sales multiple you get a market cap of 1 bill. Thats up 5x from current market cap. Not bad