RE:Re;$900 marketcapDon't get me wrong, I have no issue with looking over as many estimates as I can find. I have noticed some sites are not current (as in outdated by months) and (at times) the currency isn't immediately obvious so I would caution everyone to be mindful of those issues.
What I am considering is recent changes within the market which are likely not accounted for in any forecasted estimates
1). Germany Legalized
Companies like Canopy, Tilray and Aurora (?) have established operations in county so they stand to benefit now. This change is not accounted for.
2) Canopy USA is being voted on here in the next couple of weeks which will likely make the stock more interesting to Institutional investors who are waiting to see this finally addressed.
3) Comments by US Federal Government came out backing rescheduling Cannabis ASAP. Speculation on this drives interest and can drive shareprice. This is difficult to quantify however again I do not see any allowance in published estimates to account for it
There are other considerations as well but I will leave it here with the three most obvious that everyone is likely considering.