Macro Data and Analysis

Investment Analysis and Valuation of the Cannabis Industry

Macro Data and Analysis

2Q21 Fundamentals Disconnected from Stock Moves

2Q21 Fundamentals Disconnected from Stock Moves

There is a disconnect between fundamental performance and stock performance for U.S. cannabis companies, resulting in compressing valuations for those operations. But multiples on 2022 are nearing past trough levels. Strong second quarter earnings have not yet driven...

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