Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.

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Zenabis Global Inc. > So overpriced..downturn for ZENA coming?

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Comment by ZFowleron Sep 09, 2020 3:22pm

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Post# 31527897

RE:So overpriced..downturn for ZENA coming?

Current Market Cap - $60,000,000

2020 Sales - $80,000,000 or more
Equity - $108,000,000
Positive Quick Ratio

I don't think Zenabis is an all-star (due to their high interest debt and dilution) but it's not over valued in my opinion. Most companies in this space are trading at 3x-5x earnings or more while Zenabis is trading at far less than 1x earnings.

Definitely some room for share price increase but on bad news still some room to go down. I can't see this going below $40,000,000 market cap considering their Q2 sales were $30,000,000.

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