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Charlie and the Weed Factory


sculpin

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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/

 

 

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