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Isracann Biosciences Inc ISCNF

Isracann Biosciences Inc. is a Canada-based cannabis company. The principal business focus of the Company is medical cannabis cultivation and distribution to provide products to the Israeli medical cannabis market, and to develop and validate Natural Health Products (NHP), through the Company’s operating subsidiaries. The Company's segments include Head Office, Medical Cannabis and Natural Health Product. The Company aims to commercialize natural health medicines in Canada and to leverage agreements within Israel for import/export opportunities and medicinal marijuana cultivation. The Company's subsidiaries include Isracann Holdings Inc., Praesidio Health Inc., Isracann Biosciences Capital Ltd., Isracann Operations Ltd., Isracann Development Ltd., Isracann Agritech Ltd., Isracann Administrative Services Ltd. and others.


GREY:ISCNF - Post by User

Post by BossHog19on Dec 04, 2020 12:22pm
297 Views
Post# 32037580

Future Value of IPOT

Future Value of IPOTTheir facilities have the capacity to produce  $273 million/year. With a  market cap of 42 million that works out to earnings of $6.50/share, with a PE of 10 that would put the stock value at $65/share. On top of that the company is expanding its facilites. They also claim to be cost competitive claiming the cost to grow in Israel is as low as one third the cost of production in colder climates.  And yes I am invested in this stock.
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