TSXV:TCI.H - Post by User
Comment by
Ktownskid1on Jul 27, 2018 10:42pm
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Post# 28380270
RE:Canadian Pot Is Already Worth Billions
RE:Canadian Pot Is Already Worth Billions Canopy WEED has 217 million shares outstanding. So at $33 per share that is a market cap of $7.2 billion. https://web.tmxmoney.com/quote.php?qm_symbol=WEED&locale=EN
On the close of the financing and go public LivWell will have 3.4 billion shares fully diluted. Try to comprehend that for a second. Share count matters.
If Canopy had 3.4 billion share outstanding the share price would be $2.10 per share to get to a $7.2 billion market cap.
I love educating novice pig headed investors.
I'll be hear for a while, I should actually charge a fee for these investing tips.
Night, see you all next week.