Replies to post #8250 on GL Brands Inc. (fka GRLB)

[la_trader]

Well stated Amac ;-)

FRF

[sillylung]

Federal removal of hemp completely from the controlled substances scheduling is the no.1 catalyst that will make this go to outer space. Imo

[blissedout]

Nailed it Amac!

In the near term 20 day moving average is sitting right on the 50 day, both currently .148. Prepared for liftoff, need a catalyst. Maybe crossing that will set off some trader alerts or show up on breakout boards. Couldn't help adding a little more today.

[Amac1001]

Since I’m wildly in love with this stock, figured I’d update this analysis I did in a previous post...

So for fun lets play the Tilray vs. FLRF game (now that Tilray is up at $95/share).

Tilray 75m shares @ $95/share = $7.5B Mkt Cap
Tilray last Qtr rev = $10m, annualized = $40m
Tilray trading at 188x revenue

FRLF current market cap = $34m
FRLF has in disclosures identified Revenue streams that could in theory produce $30-$40m in revenue, so lets say $20m potential to be safe.

If FRLF achieves half that revenue and lets assume to be conservative that Tilray’s revenue multiple of 188x is 50% too high (frothy) so we use 94x...

So $20m rev x 94 = $1.9 BILLION market cap.
Current market cap = $34 at ~ .18 share price, so at $940m market cap, share price would be roughly $10.00 per share....

So with a ‘frothy’ valuation, could FRLF run to $10/share in a few years? Even if that scenario is 75% too optimistic (even with my conservatism above using 1/2 Tilray’s multiple and half identified revenue potential) and you’re still looking at $2.50 per share...FRLF would have to be on the NASDAQ for this to occur but still...wow.