PaolusPolis wrote: WOW
Charlotte Web (Cweb) is the Canopy (weed) of the USA, but 1/20th of the WEED valuation... 5x bagger over MONTHS (TLRY style), look for yourselves.
They had 17 millions NET PROFITS 2017, and going on 36 MILLIONS in 2018, THIS IS far better than CANOPY(WEED) AND TILRAY ( TLRY) COMBINED
- Current cash position (on hand) is 100 millions +;
- FY 2018 should lead around 30 millions profits w/ over 100 millions of sales;
- Current cash will generate value and significant distribution channel will widen - probably combined with agressive acquisition;
- They are leading in the market and have a prooven track record of products line capable of curing several desease / stability in the composition;
- Trump administration supported CBD product, enhancing political and social acceptance, which should lead to faster market growth;
- The brothers above the venture are world class manager and knows very wealthy family (did previous JV w/ somes of the top 100 family fortunes in the world) that will surely invest fews hundred of millions over a first mover, capitalized, profitable and aggressive player that has their trust, in the very promising CBD market.
With a 20x P/E ratios, (excluding THC focused company like Weed,acb,tlry,etc) who get a 100x P/E value of 2020 projection..., this company valuation should stands at 2 billions. Which is currently x10 from current share price.
Cut it from 33% to suggest the hype is lower in CBD and it's a USA stock (legal risk on a federal level), I come at 90$ price target.
Finally, you gotta acknoledge that a part from Aphria.... all of theses (TLRY,WEED,ACB,etc) are NOT generating profit, and Charlottes had 17 millions in 2017, aiming at 30+ in 2018... this is HUGE if you analysis the numbers for what they are as of today.
Thanks
Read more at https://www.stockhouse.com/companies/bullboard?symbol=c.cweb&postid=28581200#82gja3kyAjCxYhYJ.99