RE:Here's the valuation deserving of the Amazon of Weed*Hand Clap*
cantbuythemall wrote: Amazon mkt cap: $960B, quarterly revenue $52.89B, P/S(q) = $960B/52.89B = 18.15
Namaste mkt cap $530MM, quarterly revenue $4.06MM, P/S(q) = $530MM/$4.06MM = 130.54
Namaste mkt cap at 18.15 P/S(q) is $73.69MM and to be nice, including the $90 mil cash on hand, lets say $163.69, and further round that up to $200MM to be even nicer gives a share price of ...
drum roll....
$200MM/275 million shares
=$0.73
So, lets be safe and say it should trade around a dollar.
EOM