RE:RE:RE:sighHydropothecary wrote: Not if you consider the objective here. If Canopy keeps going at this rate until July do you really think they are worth 10, 15, 20B dollars? of course not. Unless they buy competitors or expand even more somehow which they will do I'm sure. But our position is very different, we are just starting out, but we are building a very solid company and it's worth will be it's worth. Our value will become much clearer once we sign the deal with Quebec, then we can start applying true projected revenue numbers and see how our SP compares with the rest of the industry....so for now wish for a nice slow rise.bold
With all respect, Canopys foot print is a bit larger than THCX, so their potential of earnings maybe a little or quite a bit more.
If they (canopy) were only QC 4 to 5 dollar mark is good for this time of the year, THCX would be right beside them.
Since Canopy has patients and grow operations in other provinces/countries their stock has risen quite a bit, so has their potential. Will it stay there? Wait and see the financials after legalization.
THCX has potential, it is not going to happen overnight.
I have held canopy since early 2015, you have no idea what kind of ride it has been. At least with THCX it is a slow climb, but steady.
cheers