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Craft Beer Trailblazer Dale Katechis Joins Veritas Fine Cannabis to Drive Strategic Growth prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
10 Highest Credit Scores For Smaller-Cap Cannabis Companies, From The Viridian Cannabis Credit Tracker benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Table of Experts: As the industry evolves, so do the changes bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
We work with many multi-state operator (MSO) cannabis companies. there is always. Most of these companies are publicly traded, although other companies still ....
KEY POINTS • Now on the cusp of federal reform (timing of which is unknown), the cannabis industry appears at an inflection point with the growth prospects and legitimacy we outlined in 2014 beginning to materialize. • Our review of a grouping of publicly-traded MSOs for CY ’19 and ’20 with a market cap >$1B, determined revenue growth of these ‘majors’ outpaced the broader cannabis industry by a wide margin YoY (170% vs 43%) yet this group trades at a discount (4.0x ’22 EV/Sales) relative to the industry as a whole (7.6X extrapolated from this grouping which accounts for ~18% of total retail sales of ~$19B in 2020). The reverse holds for the Canadian LPs; top tier is at 8.1x vs the sector at 7.0x (and accounts for ~ 54% of ’20 sales in Canada). ....