RE: Just an observation...........28 Feb 2021 18:17
Comparable Kanabo (KNB) moved up from 6.5p to 51p on an intraday peak, giving a market cap of £100 Million with hardly any sales on low margin unregulated products. The margins on Cellular are nearer to 50-70% in regulated products. MGC Pharma (MXC) also hit a market cap of nearly £200m a few days ago. Chill brand group Zoetic (ZOE) at 80p is on a market cap of £150m plus.