RE:RE:NU Connection to AphriaI wouldn't consider it a steal at this price. Does it have potential to shoot up? Sure. A lot of stocks in the industry do, with the excitement around it - that's largely what drove things up last time.
But it also has downside potential. The financial situation of the company is not great. The company has more short-term liabilities than they do assets, and are significantly cash flow negative. That doesn't mean they can't be successful, or won't suddenly raise millions through a private placement - but that also comes with the warning that private placements can often result in a short-term reduction in price.
So if you're investing here, just be careful, and know your risks. This is still far from a sure thing.