RE:Relative Valuation...and for those that think the valuation is totally out of whack - consider Twitter.
In 2010, Twitter made $28M in revenue, lost $67M in earnings and was not public. 3 years later they had revenue of $670M, lost $640M in Earnings, had 544 Million shares issued and a market cap of $34 Billion. That is 50X Revenue, so a number of 7 (which is what ACBs current market cap/600M in revenue (projected revenue from Sep 18-Sep 19 based on conservative price/gram) does not seem unprecedented - especially when ACB will have positive earnings on that revenue and not a loss of $600M.