I have an explanation.Or GWPH way overbought or ACAN huge undervalued.
ROI might be much impressive w/ACAN imo:
1. GWPH trading at $115, $2.5b market cap. ACAN trading at $1.03, $17m Market cap.
2. GWPH has huge net lose. will need 150 years of 20m revenues/year to justify market cap. btw. per last 10Q, GWPH reported very poor results, only 3m revenues. Nagetive Grow rate a/o today. " has significant and increasing liquidity needs and may
require additional funding"
3. ACAN has much better SS. Balance sheet is Solid, Assets/liabilities ratio>1 and has one the the lowest deficit the whole sector.
4. $2,000,000 Equity Financing done by Nov 08, 2016,at $1 PPS. the meaning is investors wanna see much higher PPS and be sure they did their DD or potential. Management also has put up over $5 million of their own capital in building the business. none have net income yet but ACAN might be closer than most, Within 7-9 months (as reported) ACAN will complete to build the state’s largest marijuana greenhouse. most weed stocks don't even close to.