Simply put, based off of Net Tangible Assets alone, CWBHF should not be valued 3X higher than CVSI. It should be valued 5X higher.
That's totally ignoring all of the other obvious operational and qualitative differences. These are Q3 numbers below of course, but tomorrow we can compare Q4 and 2018 for both. Keep an eye out for CWBHF to have more than double CVSI's number of retail locations.
CVSI Total Assets: 31,037,379 Total Liabilities: 5,282,877 Net Tangible Assets: 19,156,552
CWBHF Total Assets: 110,382,000 Total Liabilities: 14,216,000 Net Tangible Assets: 95,719,000