RE:RE:ZFowlerI own 50,000 ZENA and 25,000 DN.
You guys are arguing about two companies that are both underrated, both due for a little Cannabis love. You guys should put the differences aside and bet a few shares on which one will grow more. Delta 9 deserves to be over $1 and Zena deserves to be over 50 cents. Either of those outcomes I am happy with so let's just root for both teams.
DN on pace for 2020 revenue of 60million
ZENA on pace for 2020 revenue of 100 million?
Both are growth companies and both are valued at less than the revenue they project to generate in 2020. To apply a 4 or 5x ratio to these companies is not outrageous. at 4x valuations DN would return 545% ($2.67) and ZENA would return 580% (93 cents) .
Either outcome would be amazing! However Zena is generating more volume and interest so if I had to pick the better ROI I would pick ZENA simply because of the Manitoba discount applied to DN.