Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Medican Enterprises, Inc. focuses on sports and entertainment investments, holding stakes in basketball franchises, digital media assets, and sports-related non-fungible tokens (NFTs). The company offers basketball team ownership, sports real estate interests, media content, and digital collectibles. It also manages and develops basketball teams; produces and licenses sports-related media content, including documentaries, video games, and digital content; creates and manages NFTs and other digital collectibles; and provides strategic investment opportunities and consulting services. Medican Enterprises, Inc. was incorporated in 1988 and is headquartered in Las Woodland Hills, California.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.