I'm even more optimistic about the Future of $VNNYF after reading this lithiumjr, thanks for sharing!
$3+ coming, Here's why....
Note ** This is all based on just this 1 current deal:
Annual sales in excess of CAD $14,000,000 and adjusted EBITDA of over CAD $2,000,000
LP's in Canada are currently valued at 20-25 times revenue
Using 20:
20x ($14m x 51%) = $140 million
Using 25:
25x (414m x 51%) = $178 million
Thus at 36m shares VIN should be trading north of $3 once the deal closes.
Again i just used current acquisition historical sales
* Other deals could happen
* VIN is looking to go global
* VIN is looking to work with large growers and provide access for them to a comprehensive catalogue of cannabis strains.
* The company will also aim to in- license and joint venture on best in class technologies and products for both the medicinal and recreational markets - domestically and internationally.
So honestly....$3 is the bare minimum for VIN...
And who knows...one of the big 5 (WEED, APH, ACB, OGI, EMC) could be interested in our internatioal oil patent and now, 2000 IP canabis strains and Euro / Global market reach...