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Hey Nerds: Blockchain

like closing the door on a theatre on fire

The stock market equivalent of this:

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AYR reporting tomorrow morning. My analysis on what I expect here:
Expecting around 50-55m and 80-90m proforma revenue with obviously enormous profitability (22-24m adj ebitda) coming at the heels of a weak LHS quarter. Q1 for LHS has been a bit better and perhaps AYR can clean up their operations because they do have a lot of assets so there's untapped growth there. So similar proforma revenues to CCHW, way more profitable at about the same market cap which I think is probably fair. CCHW has the huge footprint and can price in more growth than AYR and AYR has the obscene profitability metrics.

Another quarter of cash flow positivity is likely. ~2.2b dollar market cap at these levels. Doesn't matter when the cannabis sector is dead but make no mistake. They're cheap on every metric.
 
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