As I see it there are 4 major stocks in the Hemp space
All seem to be doing very well but at the end of the day when the FOMO subsides, you have to ask yourself what is the price I am paying for revenue - it is that simple IMO - because they are all medium-term showing similar growth and they are all chasing market share in the US and all doing well - some more so with the larger chains like CVS and so on
So the 4 stocks are Charlotte's Web and CV Science in the US and EOF and EXL in Aus
The $ in local currency market capitalisation per $1 or revenue is as follows - for revenue, I use 2X last half revenue (in the case of EOF I am including the now released June Qtr numbers with March - the rest are March and Dec)
CWEB market cap $1.7Bn = $20 / $1 of revenue CVSI Market cap $409Mill = $7.0 / $1 of revenue EOF Market Cap $1 Bill = $23 / $1 of revenue EXL Market Cap $566Mill = $14.6 / $1 of revenue
Good luck and may markets be kind
EOF Price at posting:
$3.10 Sentiment: None Disclosure: Not Held
