RE:Wicked Valuation (Tks MJ0072018)Calculations are great to have, but human beings are not formula rational. Some MJ firms are trading at huge multiples, which may not be rational, but it's what buyers are paying for the stock. Look what happens to your formulas with a multiple of 20-50, when some of the MJ firms are trading at multiples of those multiples.
Most of the 109 publicly traded MJ companies will stumble along the way and a shakeout phase will occur. With Sugarbud's has a strong financial foundation, additional greenhouses may be built and other firms may be bought. Many things for investors to believe may happen and that will fuel the rise in the shareprice.