What do you think of VEXTF? Seems like it has good growth potential in Arizona. I can't buy it directly through my brokerage, it says I have to call and have them order it.
Hey mate, I reckon one of the reasons you aren't seeing TILT get a lot of interest is that it might not be available or visible on many of the zero/low fee retail brokerages and just isn't seeing the volume of orders to drive it up.
Sorry for my bad explanation of buying assets for pennies on the dollar during the video so I will try to clarify here.
Let's assume Columbia Care's enterprise value or book value is $2B (they have more future growth potential than TILT, that is why they are valued more but forget that for this example).
So if you want to own a company that is bringing in $150,000,000 in revenue after 3 quarters, you can buy Columbia Care right now, worth $2B. This current valuation implies no future growth and no discount (fair value). It's like investing $1 today for $1 of future earnings and as Colombia Care grows their operations, your money grows with it.
Now let's say the next company you look at is TILT. They are also bringing in $150,000,000 in revenue after 3 quarters but you can buy shares of TILT right now, worth $225M, nearly 1/8 the market cap of Columbia Care! At LESS than book value, this implies a discount from Tilt's actual enterprise or book value so it's like paying $0.15 cents today for $1 of future earnings and as Tilt grows their operations, your money will grow more because TILT is trading at such a discount right now.
Hexo already has US distribution with Coors.
Your enthusiasm for the industry is infectious. Thanks for sharing the research you do. You are awesome!
n Washington, D.C., cannabis is legal for recreational and medical uses, but is barred from commercial sale. Kind of dumb hopefully that changes
😎
Thank you!!!
What do you think of VEXTF? Seems like it has good growth potential in Arizona. I can't buy it directly through my brokerage, it says I have to call and have them order it.
Give or BLM will Black Ball You and you won't sell any weed.
Hey mate, I reckon one of the reasons you aren't seeing TILT get a lot of interest is that it might not be available or visible on many of the zero/low fee retail brokerages and just isn't seeing the volume of orders to drive it up.
I could be wrong.
Two of the best informed sources of info in the cannabis industry–Todd Harrison and Make More Capital videos.
Sorry for my bad explanation of buying assets for pennies on the dollar during the video so I will try to clarify here.
Let's assume Columbia Care's enterprise value or book value is $2B (they have more future growth potential than TILT, that is why they are valued more but forget that for this example).
So if you want to own a company that is bringing in $150,000,000 in revenue after 3 quarters, you can buy Columbia Care right now, worth $2B. This current valuation implies no future growth and no discount (fair value). It's like investing $1 today for $1 of future earnings and as Colombia Care grows their operations, your money grows with it.
Now let's say the next company you look at is TILT. They are also bringing in $150,000,000 in revenue after 3 quarters but you can buy shares of TILT right now, worth $225M, nearly 1/8 the market cap of Columbia Care! At LESS than book value, this implies a discount from Tilt's actual enterprise or book value so it's like paying $0.15 cents today for $1 of future earnings and as Tilt grows their operations, your money will grow more because TILT is trading at such a discount right now.