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player1234

01/13/22 2:51 PM

#69318 RE: weedisgreen #69316

" I see no reason why ACB cannot have the same valuation as Tilray and cgc as being all Canadian based companies. "

A simple look at the numbers tells the story.

Tilray 2021 revenue was 209% of ACB's.
CGC 2021 revenue was 223% of ACB's.

Tilray's 2021 revenue was a 27% GROWTH over their 2020 revenue.
CGC's 2021 revenue was a 37% GROWTH over their 2020 revenue.
ACB's 2021 revenue was a 8.7% DECLINEover their 2020 revenue.

Revenue growth vs revenue decline.
ACB's less revenue for less margin strategy isn't working right now. Maybe next quarter, next year.