You can't compare Ecofibre with CWEB yet.
CWEB is the global market leader in hemp with a market cap of around $2.3B an around FY19 $230m in revenue.
However, at the IPO Ecofibre is valued at around the same revenue multiples.
You are paying a hefty premium for the Lambert factor.
- Forums
- IPOs
- Ecofibre Medical Cannabis float around Easter 2018
You can't compare Ecofibre with CWEB yet.CWEB is the global...
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