Now that we expecting to get very close to EBIT positive not bad to estimate what it means in terms of the stock price. I took a list of cannabis stock with market cap below $200 M. This is the list
'XXII', 'AERO', 'AMMJ', 'ACAN', 'BHHKF', 'CBDS', 'CBIS.CN', 'CVSI',
'DIGP', 'ALEAF', 'EMHTF', 'GLDFF', 'GRWC', 'HLSPY', 'HLIX', 'HEMP',
'KSHB', 'LBUY', 'LXRP', 'MRMD', 'MJNA', 'MNTR', 'NXTTF', 'SPRWF',
'TRTC', 'TGODF', 'TNYBF', 'WDDMF', 'ZDPY', 'MEDIF', 'SNDL', 'CNPOF',
'LHSIF', 'LQSIF', 'NWVCF', 'ACGX', 'CURR', 'GNBT', 'LCTC', 'VRNDF'
and here is the analysis of the Q1 financial data. Golden leaf is shown by red dots. Just extrapolate the data to get what could be the price if EBIT get positive or close to it in the Q2 data. (EBIT/MrkCap vs Earning per share/spot price).
If all going well we can expect even a 5x jump
Enjoy!
P.S. let me know if you need a similar analysis for your portfolio. I can make it with a small charge.