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As its origin story goes, three fellas named Greg (Chemdog), Pbud (Mike), and Joe Brand met in the summer of 1991 at a Grateful Dead show in Indiana. Chemdog was 18 at the time and Pbud was 21. Chem was walking around the parking lot looking for weed and heard someone say “kind bud” — that someone was Pbud. Chemdog noticed it was some of the best weed he’d ever seen, so he bought a quarter of it, and the weed was so good that Chemdog got Pbud’s phone number in order to get some more.
If you love Chemdog, you’ll definitely love Stardawg. Bred by Top Dawg Seeds, Stardawg is a hybrid that was created by crossing Chemdog 4 and Tres Dawg. The result is a cultivar well known for its high THC content and powerfully effective high, whether it be uplifting or sedative. Results will vary by consumer, but know either way will be a potent rollercoaster of an experience.
You can’t talk Chemdog heritage strains without mentioning the ones from the actual Chemdog.
All around us, the rich valuations of growth and momentum stocks are crumbling. Relatively few stocks have been spared sharp pain, and Datadog (DDOG) is one of them. Long a Wall Street darling and investor favorite since the early days of its IPO, Datadog’s incredible capacity to beat-and-raise in every single quarterly earnings release has kept sentiment on this stock high and relatively impervious to the recent corrections.
50% larger than consensus estimates for New Relic’s revenue, despite the fact that Datadog is a younger company that started out much smaller. At this revenue outlook, the stock trades at 31.3x EV/FY22 revenue.
No one can argue that Datadog remains a rarefied story in the software sector, but with the stock trading at an absurd >31x forward revenue multiple, we think this is already well-factored into the current stock price. Given how edgy investors have been lately on risk assets, I think the best move is to remain on the sidelines.