Look at what has happened in Canada and America and the time frame.
Then halve or third it as we are not pioneering and swaying the non believers.
The evidence is there the foundation is there.
Anyone who says the industry is all hype/a bubble are fooling themselves and can't see beyond next year. The price of shares in this sector are small change compared to where the industry will be sitting in say 5 years from now.
The reason they may be seen as inflated compared to revenue is because there is only one path these companies are going... and the overseas buyers with trust have jumped in hard.
MMJ Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
