RE:RE:RE:Has anyone actually done a real valuation?dosperros wrote: I'd heard between 5 and 10 billion.
If you get that, what percentage does CGC get? Their margin is 15 to 30% let's say, If CGC gets 10% of a 7.5B market at 20% profit; they could be making $150M a year. It implies maybe a valuation of $1.05B at a 7x multiple. Pretty much fully valued now it seems??
This is why I'm wondering what I'm missing.....
spacewinder wrote:
Yes, people have estimated what the legal MJ industry will be worth. It'll be a $20,000,000,000 dollar industry in a few years.
Good comments. New industies are tough to get a sense for. And just being the only guys on the TSX and very liquid helps a lot. Good disucssion.