sculpin Posted January 8, 2018 Share Posted January 8, 2018 I find it simply amazing that Canopy Growth (WEED -TSX) has a $7.7 billion market cap today. Incredible what an old Hershey chocolate factory in Smith Falls Ontario could be worth when re-purposed. I bet even Willie Wonka would be in disbelief. Estimated 2018 revenue (GMP Capital) -- $75mm Canadian. That's one hell of a P/S ratio. Buyers at these levels better have some good strong Indica on hand if the hockey stick estimates don't come to fruition when this mania ends.... https://www.canopygrowth.com/ Link to comment Share on other sites More sharing options...
clutch Posted January 9, 2018 Share Posted January 9, 2018 From the title, I thought Munger bought into the weed mania. ;D Link to comment Share on other sites More sharing options...
DooDiligence Posted January 9, 2018 Share Posted January 9, 2018 Puff, puff, PASS Link to comment Share on other sites More sharing options...
awindenberger Posted January 10, 2018 Share Posted January 10, 2018 Anyone come across any pot related stocks that aren't massively overpriced? The space certainly looks like it is ready to explode. Link to comment Share on other sites More sharing options...
JayGatsby Posted January 10, 2018 Share Posted January 10, 2018 I've been thinking about shorting the canadian stocks, although I've heard (haven't tried) it's tough to borrow shares. Link to comment Share on other sites More sharing options...
DooDiligence Posted January 10, 2018 Share Posted January 10, 2018 I've been thinking about shorting the canadian stocks, although I've heard (haven't tried) it's tough to borrow shares. There’s no borrowing but you can probably find someone to front you some. Link to comment Share on other sites More sharing options...
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