RE:You're missing the pointRavenel wrote: Newbieinvestor. You are overthinking this. First of all, the math will change because expansion plans will change the numbers. Second, they are just months away from cultivation license. Every producer with cultivation license is sitting at around .50 or higher regardless of the size of their facility. Why would mmj be any different from the others? This is going to .50 on cultivation license because they all do and even higher with the sales license/expansion/acquisition announcements because again they all do. The value of the cultivation license is .50+ alone and you need to factor that in.
And to get to that .50, you need land, money, plan for build out, and late stage acmpr status. We now have all of those things. We have a busy CEO working behind the scenes working on other deals and no roll back coming. We can sleep easy at night with this one.
That's not true, Newstrike has a $14,000 sq/ft licenced facility and is sitting at .30ish. They hit 50 when they got licenced but then plummeted.