GREY:YOURF - Post by User
Comment by
nozzpackon Sep 01, 2021 12:42pm
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Post# 33794785
RE:RE:Look at these Acquisition Metrics
RE:RE:Look at these Acquisition MetricsHere are two more very recent cannabis acquisitions.
Terrascend just acquired GAGE for $545 million.
It has net debt of $10 m and burning through cash.
Annual revenues are $130 million which means that GAGE was acquired for 4.2 times revenue
Citizen Stash also was just acquired for $54.3 m.
It has annual revenues of $13.3 million and negative cash flows.
So, it was acquifred for 4.1 times annual revenues