Tag Archives: marijuana stocks

The Non-penny Pot Stock Index had another down week with 22 of the 29 constituents going DOWN of which 17 did so in excess of 5%.

The non-penny pot stock sector of 37 stocks is down 21.7% year-to-date which, as terrible as that certainly is, is better than the cannabis sector as a whole (319 stocks) which is down 45.5% year-to-date. 

Of the total 5100 companies we rank weekly there are only 400 that we consider as viable candidates for investment and, of those, only 16 cannabis stocks generate the data necessary to evaluate them properly - and only these few make the grade.

Charlotte’s Web Holdings, Inc. stock is under pressure today in light of Q2 earnings which reported a lower than estimated revenue and profit for the second quarter. Profits for the period stood at $2.2 million, which reflected a significant drop from the $3.7 million that the company generated in the second quarter last year.

These 3 Canadian cannabis stocks trading at low Enterprise Value to Funded Capacity ratios which indicate a more attractive valuation for investors.

9 states in the U.S. have legal recreational cannabis and 30 states permit medical cannabis. The State of Florida alone has a medical market of $810M, double the size of the entire Canadian market. The Canada listed marijuana stocks we’ve identified today are great for exposure into the U.S. cannabis market.

As recreational legalization in Canada approaches this summer, the 4 marijuana stocks on our list today have plans to meet the upcoming demand. If the marijuana sector continues its rally, these stocks...are expected to generate significant EBITDA growth over the coming year.

Like technology, the battery metals and cannabis sectors have upside attached to secular trends that are changing our world. As a result, all of these sectors are poised to continue expanding at rapid rates.

Identifying companies with high gross margins in the young marijuana industry is important because operating costs are likely to decrease as the industry matures, leaving these companies with high earnings potential. Today we have identified five Canadian marijuana stocks with gross margins well above their industry peers.

The following 5 marijuana stocks are expected to experience anywhere from 188% to 5,338.8% (yes, 5,338.8%!) in revenue growth during the upcoming year.