RE:acb paid too much: 13 m for 1 m revenue company. Read the press release again and specifically "over the last 90 days"
Pedanios, over the last 90 days, has achieved cash flow positive operations, with gross revenues of approximately CAD$1.15 million, and costs of approximately CA$1.00 million. Revenues for May, up to and including May 26, 2017, were approximately CAD$0.5 million, reflecting a 410% increase in the daily sales pace as compared to average for the 8 months prior to the introduction of the new law, and an increase over the April and March 2017 averages of 70% and 108%, respectively.
Read more at https://www.stockhouse.com/news/press-releases/2017/05/26/aurora-acquires-german-medical-cannabis-market-leader-pedanios-gmbh#iBpBbFh1u75hVM1k.99