RE:A Comparison of Canopy Growth to Entourage HealthNice pump lol but the difference is the future $4.54 is nothing compared to where this is going as the deals are done and inplace to expand in to the US market which will result in sales revenue over a Billion
Wrywisdom wrote: As of November 9th, Canopy Growth
-currently has approximately 2.4% of the Canada Cannabis Market
-Lost 231.9 million dollars for the most recent quarter of reportage
-Is losing $7.31 per share with 480 million shares outstanding
-Is presently selling for $4.54 per share
Entourage has 2% of the Canada Market with strong capitalization, boasts a tiny fraction of Canaopy Growth's loss with 307 million shares out(35% less than Canopy) is implementing a host of initiatives gaining positive traction and sells for .04 per share
Anyone who considers the capital markets a rational barometer for company valuation entertains a totally irrational proposition...and this of course, is how the money is made and lost.