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Absolute garbage. The whole point of this message board is to discuss the potential of future of this business. There is absolutely no reason why cannabis related medication and products cannot be a big market in the UK and globally in the next 3 to 5 years. Cellular goods is extremely well placed and the products look brilliant. It’s already signed agreements and will continue to probably sign a lot more going forward in the next 3-5 years.
The market usually looks for speculation on the potential of a company and this has absolutely huge potential to be a large player in cannabinoids etc. A lot needs to happen agreed however 2 to £5 a share is not in my opinion impossible in the next 3 to 5 years.
Agree Drax - Step at a time people, valuing CBX at 20/40 Even 100x (Someone said they can hit £5bn) is stupidity. Also, do you really think ramping up here will realistically do anything to the share price.
None of us know how good the products are and the demand for it.
£5bn is the size of Deliveroo and is significantly bigger than companies such as Bellway, Royal mail, Marks and Spencers..
At £1bn, you then have Premier Foods, Mitie Group..
I am just hoping we hit a £50m valuation point (ok that is my break even), and then we see where we are from there.
If I could harness all the hot air on this board
I would never have to use my central heating again.
Yep I reckon in 2-3 years and with the benefits showing about cannabis products I reckon 2-5b mkp is possible. This is like a baby Tesla. Unknown and potentially endless health benefits and possibilities ! Should be even better than Tesla really as you need health and well-being to drive electric vehicles and operated technology
As soon as The products come on sale I for one will be ordering quite a few of them for my family as Christmas presents if I can get it in time.
50m? The mkp is only 36m now and expecting by Christmas we should be over 100m mkp! This will be a medium size Company and with the benefits of cannabis style medications we could even answer a large cap in the next 3 to 5 years. Without any further dilution we could be looking at £8-£10 a share. The cannabis market is yet tonight in the UK and cellular goods will be one of the major players. A lot of things will have to happen but there’s no reason why this can’t be 8 to £10 a share in a few years time
no drama
this company will be over £ 50m by xmas
Hopefully
fingers crossed etc
I wonder if this does happen, companies who are near the threshold could release earlier news?
Also, could this add costs onto CBX if we are deemed too small?
https://apple.news/AzK4LlQ7BSXqU12-JHrG7QQ