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Are Canadian Failures A Harbinger Of Things To Come For U.S. Cannabis Operators?
Thursday, July 20, 2023 - 3:02pm | 683Cannabis Supply Issues Strike Again. Oversupply has taken down a publicly-traded giant (NASDAQ:CGC) in Canada's cannabis market. In a sobering piece published by Market Watch, the headline really says it all: "Once-mighty Canopy Growth loses billions as dream of pot riches runs into...
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Does This Picture Make Sense? U.S. Vs Canadian EV/Revenue Multiples
Tuesday, January 17, 2023 - 10:21pm | 948The chart explores the EV / Next Twelve Month Revenue multiples for the largest U.S. MSOs compared to the most prominent Canadian LPs (at the beginning of the period). The red line on the graph shows the aggregate enterprise value to consensus next twelve-month revenue multiples of the largest 10...
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This Analyst Expects Stabilization Across Canadian Cannabis Market, Revises Sales Estimates For Cannabis LPs
Thursday, July 21, 2022 - 9:38am | 748The Canadian cannabis industry has become a competitive field over the past few years, which doesn’t come as a surprise considering its exponential growth over the same period. To capture the market share, cannabis companies have been slashing the prices of their products, which had a...
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This Cannabis Co. Beat Tilray As Best Performer Among Canadian LPs As Stocks Plunge Over 13%
Monday, January 3, 2022 - 12:51pm | 1070It seems the losing streak continues for the Canadian Cannabis LP Index for the sixth month now, after declining 13.5% in December to 194.95, New Cannabis Ventures writes. After a 1% gain in June, the index retreated nearly 27% in the third quarter. The index, which fell 30.1% in 2020 to end...
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Tilray Best Performer Among Canadian Cannabis LPs, Stocks Plunge Nearly 10% In July
Monday, August 2, 2021 - 1:34pm | 645Canadian cannabis stocks took a beating In July, with the Canadian Cannabis LP Index posting a 9.8% loss while continuing the declining streak, which was slightly interrupted by a 1% gain in June. The index, which saw a 30.1% drop in 2020, grew 13.6% over the past year. Year-to-date, the index is...