Bullboard - Stock Discussion Forum YourWay Cannabis Brands Inc YOURF

YourWay Cannabis Brands Inc. is a Canada-based cannabis company. The Company builds their own brands, partnering with others, and supporting retail partners. Its brands cater to a range of different needs. Its brands include Venom Extracts, Old Pal, Airo, Ionic, Zoots, Wicked, Hi-Guys, Cowlitz Gold and Dab-Dudes. Ionic is a small batch luxury cannabis oils brand-based out in Washington state... see more

Add To Watchlist

GREY:YOURF - Post Discussion

YourWay Cannabis Brands Inc > Supreme Takeover Shows How Undervalued HOLL Is

View:

Post by nozzpack on Apr 08, 2021 8:30am

Supreme Takeover Shows How Undervalued HOLL Is

CANOPY GROWTH TO ACQUIRE THE SUPREME CANNABIS COMPANY

Canopy Growth Corp. and The Supreme Cannabis Company Inc. have entered into a definitive arrangement agreement under which Canopy will acquire all of Supreme Cannabis's issued and outstanding common shares in a transaction valued at approximately $435-million on a fully diluted basis.

Annualized, based on most recent quarter, Supreme has $75 million in annual revenue and $15 million in annual Ebitda.

Supreme lost $7.7 million in its latest quarter.

That is, 6.8 times annual sales and 29 times Ebitda.

Apply that to HOLL and we are valued over $3 per share..

169