When do they receive product for the first time? The moment they start to receive product from some of their jv’s is when this stock will justifiably start to rise and its price will be legitimately fair valued.
Until then its just expectations. But, if cbw sells just 20,000 kg in a year which is but 8 % of the weed coming their way they’ll stock price will be worth approx. 1.80 at a x10 multiple. Any income beyond interest on outstanding loans would be excellent.
Anyone know what their first promised shipment of product will be?