RE:Cannabis trading Update...As I said earlier today, target is minimum 1,55$ to exercice the warrants.
if we use : Cannabis stock revenue ratio expected for 2021 is 4,9X for Cannabis producers.
The stock suppose to hit 1,36$ in 2021, with 100M$ in revenue !
(100M$ X 4,9) divided by 301,2M out. sh. = 1,36$ per share.
If we use Cannabis stock EBITDA ratio expected for 2021 is 33,4X.
The stock suppose to hit 1,36$ in 2021, with 100M$ in revenue !
(18,1M$ x 33,4) divided by 301,2M out. sh. = 2,00$ per share.
This is our playground for 2021 : 1,36$-2,00$.
Warrants at 1,55$.
GO AH GO !
Q4 unaudited will help to move the cart !!!
Any others calculation or comments...