What those brokers told you is true for sure, with regular LEGAL operating companies.
As we all know here that is far from the case with ALL MJ companies.
From employees being paid in stock and selling to convert to cash, to the company unable to expense the same items legal companies can, to the lack of banking.
Lots of stuff here the legal companies DO NOT have to deal with.
Different set of circumstances requires a different way to assess it.
At these prices....you will regret waiting MORE than buying in now.