$100. share price by May 28/22THAT is the quality of quinlashes personal calculation based on his interpretation of th PS Ratio in the sector - and how much faith you can put into it.
Some readers might find his number to be misleading and inaccurate!
Anyone who thought the U.S. would legalize cannabis by the spring of 2021 - and that Hexo would apparently be selling in the US market, shows
their incompetence and lack of knowledge of the US legislative process and the US cannabis sector.
It's not Biden's fault - it's lousy research. quinlash - (5/28/2021 2:20:37 PM)
A year from now.. $100
easy IMHO, based on sales ratios in the sector, HEXO's new combined sales numbers once Zena and 48 north are fully consolidated with HEXO and we have the Redena sales coming in. Important to note that the US will either be legalized by then or the hype in the US market will be in full swing as we should at least have a date for US legalization within a year