GREY:CAAOF - Post by User
Comment by
JavaJoeyon Apr 08, 2019 8:00am
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Post# 29595476
RE:RE:RE:Company Overview: Cannabis One Holdings
RE:RE:RE:Company Overview: Cannabis One HoldingsHas it made one cent of profit?
I would assume so. Which is rare in cannabis,
More rare than hearing hipster at starbucks talk about last nights episode of Billions. Unless of course they are being ironic.
They own what Leafly ranks the 1 dispensary in Colordo and the top edibles company in the state of Nevada.
Hard to imagine they aren't making some money.
Origin House, another brands play, was purchased at 7x 2019 revenue.
CBIS at 7x revenue would trade at $18/share...
$116M USD x 1.33 USD/CAD x 7 / 60M shares out = $18/share
And there you have it folks..
Time for another Cup of Joe!
JJ Out