The market has responded favorably to the recent developments and Blueberries Medical was a top performing cannabis stock during the last month. Although the recent rally has been significant, the company is trading at a significant discount to PharmaCielo (PCLO.V) (PHCEF) and Khiron Life Sciences (KHRN.V) (KHRNF), which are the two best known cannabis companies in Colombia. Blueberries Medical has a market cap of approx. $84 million while PharmaCielo is valued at more than $1 billion and Khiron is valued at more than $330 million and we find this difference to be significant.