Fair Value Its a joke what this thing is trading at. Its addressed its liquidity issues. Its generating more income than most Canadian LP's. And its in a target market with more customers in a single state than all of Canada's population. PLUS its selling products that 2.0 hasnt allowed in the Canadian market yet.
By comparison.
HEXO - market cap of 740.21 million - last Q = 20.5 million CAD (plus TONS of lawsuits)
IAN - market cap of 264.2 million - last Q = 22.3 million (proforma 30.9 million)
Who cares about goodwill and the like when your generating meaningfull revenue vs. peers.
EBITDA says it all, and we're fastly approaching positive revenues while Canadian LP's are languishing. Plus, once the US comes to its senses and legalizes in a year or so, this will have tons of upside in a under supplied market vs. Canadas oversupply situation.