RE:RE:This stock is 5x overvaluedThis industry is a disruptor. I dont believe you can evaluate it based on the same methods you use to calculate retailers like Home Depot or even alcohol companies because alcohol has been around forever so the numbers have a long history to use as forecasters but even though they are profitable, they may fall short in comparison too because there are no uses for alcohol when it comes to pain management, epilepsy, heart conditions, etc etc.
This industry is going to disrupt the pharma business, the entertainment business, health/beauty products like cream, beverage industry, etc etc. These are some of the largest industries in the world, if not THEEE. .......The uses are wide and profitable beyond a scale that any of us can predict and that part is the hype portion of value but good news is that within that hype is reality that these companies will generate massive revenue and profits because of all the potential that will turn to reality just based on what has been demonstrated to be true already about the uses of Cannabis.