GREY:ALEAF - Post by User
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DBDETECT0Ron Oct 31, 2020 1:43pm
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Post# 31818734
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:biological assets
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:biological assetsstocktracker101 wrote: Agreed. We all know Aleafia will never get the multiples Canopy gets.. They have a major cash position and Constellation behind them. But x5 - x6 like you said would give Aleafia $500 million - $600 million market cap or $1.66 - $2.00 / share..
That would be increadible if they could pull it off. And again that is based on an average sale price of $1.45/gram with a $0.35/gram (based on last earnings) average cost on their inventory which isnt a stretch at all. Those are more than decent margins..
We shall see.
Hopefully Q3 and the harvest numbers will get investors interested and motivated.
Right now, volume and price action is flat.
christophwaltz wrote: Let's say 5-6x earnings to be fair to logic and really our own expectations. No one is going to give Aleafia the insane pie-in-the-sky multiples they give to Canopy, unless Aleafia can establish itself as the cannabis company to invest in, as Canopy did.
Horse first, then cart.
That said, Aleafia's expenses will never equate to that of Canopy, so Aleafia May be able to get earnings per share higher than Canopy ever well. You never know.
Those are not unreasonable #'s. I think they'll easily pull it off.