RE:Dear idiot pumpers...No sure how relevant a PE ratio is on a stock that is entering a whole new industry.
Based on common sentiments the rec-cannabis industry is an $8-10 Billion market. If you work the numbers back to earnings from that top line figure and assume a EBITDA margin of 50-65% then the current stocks are trading at about 1/3 of their future/potential value.
Don't take my word on this please run the numbers yourself!
Stay long and accumulate on the dips...don't be bashed around on this once in a life time investment opportunity!