$1.6M revenue vs. $1.3M revenueHow much of a difference is $300K revenue in a quarter?
Well rhe $1.6M revenue was Supreme's last quarterly revenue (which was only ONE month worth of sales) while $1.3M revenue was posted last quarter by Cronos Group (MJN) for a full quarter of revenue.
Meanwhile Supreme's market cap is $673M while Cronos Groups closed at $2 BILLION today.
Why is Cronos getting a much more favourable valuation??
Just to put things into perspective as to where Supreme is heading especially when they release their next quarterly financials. $2 BILLION will come VERY FAST!
Next report due end of February.