69+ % upside from hereI checked the price to book value and it's around .35 at the moment. In order to be trading at book value this ratio needs to be 1. This indicates more than 60% upside on this title.
If I were to pull up the PB Ratio on other cannabis stocks that get more media coverage we could be targeting greater upside if we are to view those ratios as plausible.
Volume has dropped off, this may be an indicator that current investors are simply not willing to sell or short the stock at these levels.
Looking forward to hearing more about the acquisition target TLRY eluded to. Expecting this new company will position the company well for US sales / entery (depending on how they go about things)
JMHO/GLTA