Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Bullboard Posts
Comment by Peytonon Feb 14, 2018 10:48pm
245 Views
Post# 27562543

RE:1 billion in sales = stock price?

RE:1 billion in sales = stock price?First off, future growth potential will always have this stock trading substanially higher. 

For 1 Billion in sales @ 30% profit = 300,000,000

300,000,000 x P/E 30 = 9 Billion Dollar Market Cap

9 Billion Dollar Market Cap Divided by 195,000, 000 shares outstanding

= Share Price of $46.

This is a very conservative estimate for revenues. Revenues in 2020 could be in the neighborhood of 3 Billion dollars which would support a stock price upwards of $125-$140 assuming a 30% profit.

Future is bright.

I hope this helps, and I hope my numbers make sense. 



stockhousestree wrote: Hi,

I am a little confused with the stock price. If this company does 1 billion in sales in rec then what valuation would the stock price be? I am assuming 500million in sales yearly would make this a $50 stock? am incorrect? since i have NO idea.

Thank you


Bullboard Posts