2Q20 Earnings Closes US/Canada Discount on EV/S

The discount in US-focused cannabis stocks vs Canada-focused stocks is starting to reverse, at least on EV/S, following stronger than expected results in the US, while Canada remains beset by price pressure against the illicit market.

Investors must not paint all cannabis stocks with the same brush. Different states and countries are different markets with their own unique drivers.

Read more in my article “US marijuana companies outperform Canada‚Äôs to erase discount in second-quarter earnings season” at MJBizDaily here.

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