LatinAggie1997 said:Tibbers said:LatinAggie1997 said:
Short term price prediction (6-12 mos)?
Long term price prediction (2-5 years)?
If it is federally legalized and becomes completely vertically integrated that is...
Short term .15-.33
Long term 2-4
Short term I looked at their current earnings and projected yields.
Long term I derive this by looking at other companies in legalized states. Specifically Aurora, Cronos, and Tilray. I looked at their A/S and their current level vs. $CATV. Each have very similar market caps and dividing that by $CATV's A/S gives us a figure somewhere between 2-4.
I appreciate your response.
How likely to rival CGC in 5-10 years? I was hoping for a long term outlook of $20-$30.
That's difficult to say but I am a big believer in Feldenkrais. The business isn't called Cannabis Acquisition and Trading Ventures for nothing so I'd imagine they would continue to buy up other farms and manufacturing as they expand their footprint. 5-10 could look a lot like Canopy if all things continue on that path, but time will tell. Either way, the stock is undervalued at its present moment which is very exciting and to see it grow like it should be extremely profitable.