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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Comment by Bever73on Jan 06, 2018 10:15pm
194 Views
Post# 27299211

RE:RE:RE:RE:Forecast 18&19

RE:RE:RE:RE:Forecast 18&19
Tucker2013 wrote:
using beer stocks as an example...target market cap might end up at 3-6 times revenue. Say they make 240 million a year then that makes market cap around 720million to 1.4 billion...with current outstanding shares of 215 million the price should be $3.34 to $6.68.... of course right now its market cap is about 100 times revenue. I am just running numbers that i think are very conservative. I believe current price is bang on with future revenue predictions...


I disagree as there will still be huge growth runway and co will not have any debt.... 5% on income 100m/ year = 2B cap ...(assuming your projections are close)
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