Many people - not on this board - are struggling with the concept of a Conglomeration imo.

This is where the confusion is.

All the revenue from all the entities in the Conglomeration get added together to create the actual value of the Conglomeration and hence the actual book value of the share price and then since the market trades on future expectation - the actual trading price will be based on future revenues, future expected deals and the quality of management as well as the general future sentiment of Cannabis and Hemp and International Sales.