market cap compared with its peersjust some quick math. Say $20 million revenue a quarter. $80M per year. Market cap should be 10x with a lean and mean LP. $800M with 500M outstanding shares. share price should be $1.6.
In fact, we had this valuation back in 2019, which was pre-mature then. Now we are shipping to Israel, Aus, and all over Canada, deal with Shoppers, established brand and quality, positive EBITDA (earning potential), it makes for a strong case that this will be the next Tilray.
Heck even if we are 5x it should be .8. Rarely do retails get a chance to get in at the bottom this is truly a once in a life time opportunity.
I will disclose my position. I hold 500,000 shares avg 0.43. I will buy another 700,000 shares today.