Over $1 billion US based on Holl price to operating income , using the top US cannabis stocks.
Note how poorly these big dogs convert revenues into operating earnings compared to HOLL.
Thats why they are sniffing around..
have summarized the metrics of the top 10 US Cannabis Stocks as presented in the link below.
NOTES All Valiues in USD
Net Debt = Cash Minus Debt
Annualized Revenues = Q2/21 X 4
COMMENTS 1....Based on Adjusted OP Earnings, Hollister's valuation is off the charts
2..Based on Price to Sales, Hollster would be valued at $310 million USD = $390 million cad ( $1.30 per share )
3.. Forward Looking, with its recent order of magnitude increase in Cultivation and Manufacturing space combined with its full entry into the California Cannabis market, California Revenues in H2 of 2022 should be greater than that of the entire 2021 ( $70 m USD ), with gross margins increasing substantively 4....Forward Fair Valuation at Exit 2022 will approach $1 B USD https://www.newcannabisventures.com/cannabis-company-revenue-ranking/ | | | | | | | |
Name | Market Cap | Net debt | Annualized Rev | Y/Y Growth | Adj OP Income | Price to sales | Price to Op Income |
| | | | | | | |
Scotts Mir Grio | $9.1 b | -$3.5 b | $1.7 b | 48% | $37.8 m | 5.4 | 1680 |
Curaleaf | $9.1 b | - $0.6 b | $1.3 b | 166% | $22.6 m | 7.3 | 1250 |
Green Thumb | $7.4 b | -$50 m | $0.89 b | 85% | $50.9 m | 8.3 | 890 |
Trulieve | $2.0 b | -$20 mm | $0.86 b | 78% | $83.0 m | 2.3 | 860 |
Cresco Labs | $2.7 b | -$275 m | $0.84 b | 123% | $14.9 m | 3.2 | 840 |
Verano Holdings | $1.8 b | -$260 m | $0.80 b | 320% | $43.1 m | 2.2 | 790 |
Hydrofarm | $2.1 b | nil | $0.54 b | 47% | $6.4 m | 3.9 | 540 |
Grow Generation | $1.9 b | nil | $0.56 b | 190% | $9.6 m | 3.8 | 5600 |
Harvest Health | $1.1 b | -$175 m | $0.41 b | 84% | $11.3 m | 2.6 | 410 |
Columbia Care | $1.9 b | -$450 m | $0.41b | 260% | -$8.2 m | 4.6 | 500 |
| | | | | | | |
Average | | | | | | 4.4 | 860 |
| | | | | | | |
Hollister | $82 m | $5 m | $70 m | 107% | $25.0 m | 1.2 | 3.3 |
| | | | | | | |
HOLL Valuation | | | | | | $310 m | $1 b + |