RE:RE:RE:RE:Here do yourself a favour and look at this comparison....kingbear wrote: My link is irrefutable fact. Here is another one for you, even worse too, that 1.6B was USD, it's 2 billion CAD: https://business.financialpost.com/cannabis/u-s-cannabis-firm-medmen-goes-public-in-canada-with-2-billion-plus-valuation
saveyourselfnow wrote: kingbear wrote: Lmao are you serious? MEDMEN has a fullited diluted market cap over of 1.6 BILLION dollars dude.
As part of its deal to go public, MedMen is selling about $100 million worth of new shares, which will give investors a roughly 6% stake in the company. That deal values the company at around $1.6 billion. That’s 60% richer than just two months ago, when the company raised money from a Canadian investment firm at a valuation of $1 billion.
https://equity.guru/2018/05/28/medmen-goes-public-tuesday-three-executives-will-make-money-deal/
saveyourselfnow wrote: MedMen has 1% ($28,868,467) of the market cap of Aphria (2,614,894,740)
Last quarter MedMen showed revenues of $17M. compared to Aphria's $20M
MedMen has 2.8% of the shares of Aphria
That's right
MedMen incredibly, has only 6,458,270 shares out
Aphria has 232,435,088 shares out
MedMen is trading at $ 4.47 which is roughly 40% of the shareprice of Aphria $11.25.
Which company do you see as having a better valuation?
MedMen 1% of Aphria's market cap
MedMen 97% fewer shares out
MedMen 40% of the shareprice of Aphria
Yes I hold MedMen.
you can find shares out and market cap and earnings here:
https://web.tmxmoney.com/quote.php?qm_symbol=MMEN:CNX
Just wanted to give you an alternative.
Start diversifying if you are all in Aphria.
JMHO
your link is from the upstart of MedMen in May
your link is from a joke site
MedMen will be $10 before Aphria sees $20.
good luck
hey thanks for sharing that link - yep feel more comfortable with my investment now.
btw did you know that MedMen will operate the Woodstock Cannabis Company and has exclusive rights to the Woodstock brand of cannabis products?
They have brick and mortar stores in all the big US cities and yes, your link said they are the biggest US cannabis outfit - first to market movers!