RE:Happy Canada day all....Article is spot on md, with ACB trading at 54 times sales and WEED at 68 times it is hard to see how they justify their SP levels, especially with the current cannabis marketplace potential that consists of mainly Canada and their product is far less than 'premium' for the lion's share of their menus.
FIRE is the complete opposite on all counts with the best menu offered now and with an even much better stable of products offered in the months to come.....with no where near the debt of the others and will be showing profit by year's end or early '20. FIRE has no where to go but up while it is hard to see anything but down for WEED, ACB et al.
It looks to me that Fowler/ team estimated the early demand being weak as this new industry deals with it's growing pains to get established but where they really missed the mark is the faith in and demand for the FIREmenu and should have had the vault full Oct 17/18 and growing at or near full capacity soon after?.....but hind sight is always 20/20.
FIRE is already 'cokk of the walk' and when it get's those sales up to where they should be, just think where this company and SP will be as Europe and especially the US markets open up....with KKE, no better promoter than this Wiz dude, and access to the US market alone the potential is endless for this company and those that own, JMHO...Opt