RE:PLEASE LOOK AT MKTCAPCanadianKia wrote: They will generate MORE revenue than their current market cap. Maybe twice that amount in teh future.
do you really believe the company is worth 3.25 a share!??!!?
NOT including P/S ratio of 3.5!!!!!!!!!!!!!!!!!!
are you kidding me?!?!!
It is very easy to understand. When Hexo will generate very good revenue, though you have to consider the debt, It could help the share price, depending of both the revenue vs the debt. This is your projection and Hexo is not there now. Let's see the next quarter result. There is nothing to hurry, Hexo will not fly to the moon, there is just too much competition. The data showed by Canada saw a slight decline in Quebec cannabis sales, so in two other provinces, from the previous month's data. Nothing to worry since it is normal. As new stores open and the COVID impact, the progression will continue, but it is a hint that the increase in customers will be done at a slower pace.