Forecasting $15M of revenue for this FY is a joke too.
The world is STILL experiencing a massive oversupply of Cannabis Flower with the issues over in Canada. Even if they do offload their cannabis, the margins will be trash considering there are many other major producers worldwide that would be able to undercut CANN's price.
For the last few years the media and industry have propped up CANN as the leader in the MC space for some reason. They always had the biggest market cap with NO revenue. There are plenty of other cheaper stocks that are actually generating solid growing revenues that never got as much attention as CANN.
LOONNGG term they may be great and i might put a small investment into them sub 40c if they get to that but definitely not right now.
GLTAH DYOR
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