GREY:ALEAF - Post by User
Comment by
christophwaltzon Oct 30, 2020 3:51pm
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RE:RE:RE:RE:RE:RE:RE:RE:biological assets
RE:RE:RE:RE:RE:RE:RE:RE:biological assets Let's say 5-6x earnings to be fair to logic and really our own expectations. No one is going to give Aleafia the insane pie-in-the-sky multiples they give to Canopy, unless Aleafia can establish itself as the cannabis company to invest in, as Canopy did.
Horse first, then cart.
That said, Aleafia's expenses will never equate to that of Canopy, so Aleafia May be able to get earnings per share higher than Canopy ever well. You never know.