News: BDA BOD Australia secures binding letter of intent with a Swiss manufacturer, page-150

Funny you say that BWX who own Sukin cosmetics earnings were $37.5m for first half year 2017, value of $447m Mkt Cap - if you contrast Canopy (Weed) total earnings were only about $18.3m @1.62b Mkt Cap

How you think cannabis will earn more than the cosmetics industry at an estimated net worth of $460b in 2014 with projected worth of $675B USD by 2020 just shows you know little about the value of each industry. Cosmetics is used much more broadly than cannabis based products and if a company only has 1% of the $4B Australian market it is equivalent to $40m a year.

Australia's medical cannabis market is only estimated at $100m in the first year, even if you consider the overseas interests of the mm market and be generous with estimates of a company having a 10% share, your still looking at only a $10m revenue stream. Sure this may change and develop over time, but that is the real value of cosmetics right now in Australia, mm is very speculative and not guaranteed in the short term.