RE:RE:MPX once converted I copied this from a news letter and it makes sense;
By our estimation, the market is valuing MedMen at US$2.4 billion.
It’s valuing Curaleaf similarly at US$2.9 billion
iAnthus and MPX combined are trading at nearly a third of these levels.
This means that, as investors recognize how much
iAnthus is like the other big cannabis retailers, the stock
price will move a long way to reflect those similarities.