Absolutely agree. They have $100mln cash after IPO, outstanding sales and margin, Farms in Colorado Oregon and Kentucky and their brand is already established and recognized on a market because of Charlotte’s story. They have full package. Not sure why they didn't go with Nasdaq instead though. I think pps would have better appreciation kinda like TRLY.. but it could be because of Canada being much easier to deal with.. Holding my shares long term here $CWEB
Current MC = OS X PPS = 15.17 million X $9.19 (PPS = $12.10 Canadian dollars converted at $.76 US exchange rate) = $139.4 million in US dollars.
Estimated 2018 revenues = $60.6 million (based on first six months' revenues and extrapolate to 12 months)
PPS = $9.19 US dollars ($12.10 Canadian).
Huge PPS discrepancy between CWEB and TLR*Y. CWEB's revenues are 1.73X revenues of TLR*Y's ($60.6m/$35m), but PPS is only at $9.19 vis-a-vis TLR*Y's PPS of $80.00
Its a matter of time, the PPS for CWEB makes a parabolic move north based on its strong fundamentals and brand recognition. The hemp legalization bill if passed would only add fuel to the rocket ship.
$CWEB$
Disclosure: This is just my opinion, not intended for investment advice. Do your own DD before trading/investing in the market.