RE:The current valuation If you take the conservative estimates of the rec mkt of ~$5B in sales x a 10% mkt share x a multiple of let's say for kicks and giggles 6 that's at least a mkt cap of $3B
10% mkt share = typical of a big booze players mkt share
6x sales = typical multiple of big booze
I use big booze #'s in lieu of tobacco as cannabis is a much more diverse product than tobacco