elixinol doesn't open its IPO to general public, right?, page-14

  1. 727 Posts.
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    Some generates revenue but very little ... THC generates 400 k revenue last quarter so if we annualized it .. it will end the year with 1.6 to 2 mil revenue on 120 Mil Mcap .. CAN AC8 both Zero revenue ...... One little Pot called BDA is interesting .. generating 130 k revenue a quarter ( Growth of 180 % Q n Q) and trading at 11 mil EV ... Anyway Elixinol is going to generate 15 Mil revenue FY 18 on 82.7 mil EV ( Zero revenue from cannabis products though .. their main revenue stream is Hemp oil business ) . Hemp Oil and Cannabis Oil businesses are very similar .

    Elixinol is a vertically integrated, global supplier of industrial hemp-based products and a start-up
    medicinal cannabis company.
    Elixinol operates across three distinct segments within the industrial hemp and medicinal cannabis
    sectors:
    Nutraceuticals;
    Hemp foods; and
    Medicinal cannabis

    Founder, Paul Benhaim, is a leader in the industrial hemp industry, and is a globally
    recognized authority on hemp cultivation, extraction and product development and Management has thorough understanding of the hemp and medicinal cannabis legislation and
    legal framework

    It was very hard to get in . I am in for a small parcel and will top up after listing .

    If we compare this with peers .. It should not list anywhere under $ 2 ...But Market is acting funny lately so you never know !

    Cheers

    Good Luck

    B
 
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