RE:RE: FINISHED YUPPERS ! DONE LIKE DINNER . Yeah. That's the disappointing part.
Even on Reddit when im reading, it's all CGC is garbage and this and that. But literally it's already a Tier 2 MSO
However, even with all that, this is terrible.
The sooner they can consolidate CUSA and show the revenue, the better
my calculations are as follows
400 cad
224 Acreage
200 Wana( Wana is in like almost all states, whereas Acreage is not- so I'm really just guessing here)
25 Jetty
Give or take 600CAD when coverted
1 billion in revenue
Now of course the metrics like EBITDA etc are not the greatest and that will take time, but if Canada can be self sustaining and profitable in 2024, that's a start.
Cura is not profitable, yet has 700 million shares outstanding and way less cash. And I like Cura! Own some of them too.
So CGC has 1 billion in revenue, 800 million in cash and is trading at these prices?
Sickening!