Speakeasy Cannabis Club Ltd SPBBF

Speakeasy cannabis 2.0 - 2 Billion market cap?

[holdings]

here is a comment from someone one youtube, that watched the latest presentation.

I think this comment hits the nail. "SpeakEasy (Easy.CN) will crush the market with their high quality, low cost production. SpeakEasy produced last year 70‘000 kg and they are to double this year and start monthly sales of about 10 Mio/month as of this summer and doubling that to 20 Mio/month with 80% profit margin. They will crush the market, destroy the illicit market but also the big ones (talking market cap) in the sector which have all high costs of 80 cents to 2 dollar for greenhouses to indoor. SpeakEasy has Production costs of 2-4 Cents, the will dominate he markets in 2 years. The share price is probably still low as Marc and all involved are modest, down to earth and hard working people. Personally, I LIKE that. The production and sales ramp-up will be visible in coming quarterly results. Then the share price will follow without any doubt. Let’s do a „fun calculation. Marc expects 10 Mio sales/month soon with 80% profit margin... that’s then close to 100 Mio profit....with a PE of say 20 (which is rather low for a high growth company)... they should become a 2 billion CA$ market cap company.... but wait a minute... Marc said he expects to grow sales to 20 Mio/months as of early 2022... so they would be a 4 billion CA$ market cap company... yes it’s a numbers play... time will tell but don’t forget... the expected sales are based on available contracts and demands they have, he also said the production increase to 150‘000 kg/year is needed to meet demand... so yes a numbers play... but one things seems to be sure.... there is huge upside" https://www.youtube.com/watch?v=ul-nD45BXNI