RE:RE:RE:RE:Real dealThe valuation of this Company is absurd. In fact, the idea that the Silver-Wheaton streaming model can be effectively applied to the Cannabis sector is dubious at best. Silver Wheaton succeeds by paying for a by-product from Lead-Zinc-Copper mines. By taking a stream on the primary product of a Company you greatly impact the profitability and long-term sustainability of the business.
The only reason you buy this stock is in hopes that another gambler buys it off of you at a higher price. The number of assumptions you need to make for this valuation to be anywhere in the vicinity of reasonable is laughable.
Even without the producers that CBW hopes to stream from the Canadian market will quickly become over-supplied - pushing down pricing. At the end only the lowest cost producers with scale will eek-out a profit and those focused on retail. The laundry-list of applicants that CBW has struck deals with will either never produce or produce at a loss.