US cannabis companies are growing triple digits while Canadian ones grow double, but you wouldn’t know that by looking at their market cap. Multiples are 2x higher for Canadian cannabis stocks because they have cheaper access to capital. This valuation gap will close as the US legalizes marijuana and US stocks uplist to major exchanges. Once that happens, investors will pour capital onto the sector and multiples will expand.
Chasing Liquidity in Cannabis
Chasing Liquidity in Cannabis
Chasing Liquidity in Cannabis
US cannabis companies are growing triple digits while Canadian ones grow double, but you wouldn’t know that by looking at their market cap. Multiples are 2x higher for Canadian cannabis stocks because they have cheaper access to capital. This valuation gap will close as the US legalizes marijuana and US stocks uplist to major exchanges. Once that happens, investors will pour capital onto the sector and multiples will expand.