RE:RE:RE:Medmen shares worth at least 2XI prefer your second idea. Grow this into a monster by acquiring a massive amount of licensed cashflow positive dispensaries and brand them MedMen.
What would we get as a multiple if we used that cash to buy say 10, 20 or 30 dispensaries with 100M to 200M in annual revenues? If the market gave us a fraction of the valuations that some of the other MJ plays are getting we would be at a $2B+ market cap with actuall revenues and substance.
This does not even factor in all the other assets such as the grow operations incl the monster 500,000sqf facility that is included in the last acquisition target that we have the option to fully acquire.