Good post
@niz. IHL has a $12m market cap so I look at it this way... if they generate $300k in March quarter sales for the dental devices then it justifies the current market cap on its own. In fact I’m probably being harsh because AGH generated $182k in sales this quarter and they have an EV that is 3 times IHL.
AGH generated $182k in sales from 511 patients. That’s patients, not Doctors. Cannvalate has a growing network of 1,000 prescribing Doctors and 600 pharmacies.
Regardless, this means I’m buying the the medicinal cannabis business for zero, nada, nothing, nilch, SFA. And I love buying things for free, particularly businesses that should be $50m today instead of $12m.
