RE:RE:MGW Finalizes Deal With Paramount Structure Inc.Whiskeytime wrote: This is great news for them.
I agree. I am under the impression that the reason it fell to the 30's is due to uncertainty, but the news releases are showing that everything is on track and so I expect that future revenue should start getting priced in.
For example, MGW is generating $1M USD (150 lbs x $1200 per pound x 6 crops annually) revenue from California sales with a cap of ~$70M, whereas WEED had $9.8M CDN revenue and is priced around $1300M. That is about 7 times the revenue but 18 times the price. There is more potential here.