by Mike and Colin | Jan 27, 2021 | Company Deep Dive
Our investment thesis on Weedmaps is that it is a growth adtech firm providing investors with exposure to increasing US cannabis sales without trafficking in cannabis itself. At 14X 2021 sales and 56X 2021 EBITDA, the stock performance going forward will come down to...
by Mike Regan | Jan 26, 2021 | Free, In the News
My article for MJBizDaily detailing Weedmaps’ revenue growth drivers can be read at the link below:...
by Mike and Colin | Jan 15, 2021 | Free
The capital drought in cannabis appears to be over. The past week saw furious rallies and a total of $1 billion capital raised, as operators know they will need cash over the long term. The opportunity is a multidecade one, and the market is excited about the...
by Mike Regan | Jan 14, 2021 | Comp Table, Free
Why do we think comp tables are so important? They are the key tool in understanding investment opportunities and risks in an industry. provide a menu of available public investment choices for purchase or sale show the range of valuations of the choices, showing...
by Mike and Colin | Jan 13, 2021 | Company Deep Dive
Addendum: further analysis showing potentially more clients than licensed dispensaries in California has questioned the validity of the hypothesis of higher revenue/store in California described below; please read the updated analysis from January 27, 2021 to see the...
