TSXV:CLAS.H - Post by User
Post by
Thejew on Jun 27, 2019 12:23pm
117 Views
Post# 29870209
MOst undervalued cannabis play in sector.
MOst undervalued cannabis play in sector. A kilo of CBD isolate is roughly $5000 or more. 600X$5000 is $3,000,000 X 12 =$36M in yearly rev. Kaly gets 51% so they could be making roughly $18M, then factor in reatil products possibly another $2-5$, so roughly $20M in yearly revs.
Their current market cap is 20M!!!! This alone makes them the most undervalued pick in MJ, hands down. Now factor in Phase2 results, etc. Wow! This is insanely undervalued now.