RE:TLRY Greenhouse OpsLotus33 wrote: Gentlemen:
Does anyone do any analysis to determine if the value of the Greenhouses / Real Estate might not be recognized in the SP...?
best regards,
L-33
Value of the greenhouses etc are part of the assets held and listed under Capitial Assets in the report.
I will point out that the value of growing facilities has dropped off since Cannabis was legalized in Canada and that drop in value was part of earlier goodwill write downs on the part of the company (all Cannabis Companies had to do the same). These were non-cash expenses.
Once we see the US Legalize, or demand ramps up for European Cannabis Sales, it is reasonable to speculate that the value of the greenhouses will increase again and therefore the assets held by the company will gain in value.
I will admit, if you are taking into account the fluxuations in the value of buildings etc over time then you are getting pretty detailed.
No harm in doing so but a Solid A+ on DD IMHO
Best Regards,
Q