GREY:CHALF - Post by User
Comment by
DeeperValueon Jun 12, 2018 10:15am
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Post# 28159122
RE:RE:RE:RE:RE:RE:RE:re:
RE:RE:RE:RE:RE:RE:RE:re:Canopy is going to have to open a lot more than 2x the stores of GLH to justify their $8B valuation. Try fifty or sixty times the stores. But oh wait they dont even have any plans for that yet... just a whole lot of greenhouse, most of which is not operational yet. GLH has $25M+ secured for franchise locaions alone, completed franchise disclosure docs for 45 anticipated locations, already has 7 dispensaries in rec jurisdictions and more to come. Don't get me wrong. Canopy has a lot of flower growing power going for it. That's why I went all in CGC at $2. But many LPs have massive flower growing in the works. That's why im selling my $40 canopy shares for .23 GLH and quite confident about it.