RE:RE:RE:RE:RE:Valuation1. TEQ have 0 sales contract yet. Remember they received their licences on February, 22th - less than three weeks ago ! It would have been difficult or dangerous to negotiate any contracts without those licenses.
2. In a TV reportage a week ago, the CEO talked about a few possibilities concerning orders with the SQDC ( the Quebec agency which controls the sales of cannabis ) and a possible partnership with a company from Holland.
3. TEQ is a high tech company that will produce top qualitiy products. There will be a huge market for those products, but not so many companies will be able to produce that kind of medical cannabis with many specifications. In this sense, TEQ is more like a pharmaceutical company than a cannabis grower.
4. Besides what I know, there is much more going on...