Bryan Hoo's Blog - Posts Tagged "cannabis"

Top Cannabis Stocks To invest in 2020

This is the complete lesson notes on the topic Introduction to Top Cannabis Stocks. Enjoy~

The #marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. #Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal and other uses.
Some of the biggest companies in the marijuana industry include Canopy Growth Corp. (CGC), Aurora Cannabis Inc. (ACB), and Tilray Inc. (TLRY).

Many big #marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth, which remains strong despite the pandemic-spurred economic downturn.

Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF (MJ), have dramatically underperformed the broader market. MJ has provided a total return of -48.3% over the past 12 months, well below the Russell 1000's total return of 16.2%, as of September 28, 2020.

Best Value Marijuana Stocks

These are the #marijuana stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business's value. A business with higher sales could eventually produce more profit when it achieves, or returns to, profitability. The price-to-sales ratio shows how much you're paying for the #stock for each dollar of sales generated.

Stock#1: Village Farms International Inc.

Village Farms International is a Canada-based agricultural producer. In addition to growing standard vegetables like tomatoes, bell peppers, and cucumbers, the company now also produces cannabis. Village Farms reported a 93.8% decline in net income as total net sales fell 61.2% in Q2 2020, which ended June 30, 2020. The company said that it has not experienced any material disruptions to its operations related to the COVID-19 pandemic.

Stock#2: Harvest Health & Recreation Inc.

Harvest Health & Recreation is a Canada-based #cannabis company that specializes in cultivation, dispensaries, and production facilities for #medicinal and recreational marijuana.

Stock#3: Aurora Cannabis Inc.

Aurora Cannabis is a Canada-based company engaged in the production, distribution, and sale of cannabis products. The company announced on September 8 the appointment of Miguel Martin to the role of Chief Executive Officer (CEO). Michael Singer, who was serving as Interim CEO, stepped down from his temporary role, but will remain the company's Executive Chairman.

Fastest Growing Marijuana Stocks

These are the marijuana stocks with the highest year-over-year (YOY) sales growth for the most recent quarter. Rising sales show that a company’s business is growing and can return larger profits to its shareholders when it achieves, or returns to, profitability.

Stock#1: Jushi Holdings Inc.

Jushi Holdings is a holding company focused on building a portfolio of branded cannabis and hemp-based assets engaged in retail, distribution, cultivation, and processing operations. The company announced in the first half of August the completion of its acquisition of Pennsylvania Medical Solutions LLC, a Pennsylvania-based cannabis grower-processor. The acquisition comes with a 90,000 square-foot cannabis cultivation and processing facility.

Stock#2: Neptune Wellness Solutions Inc.

Neptune Wellness Solutions is a Canada-based integrated health and wellness company. The company is focused on building a portfolio of natural, plant-based consumer products, including cannabis and hemp. Neptune Wellness Solutions posted revenue growth of 389.9% in Q1 of its 2021 fiscal year (FY), which ended June 30, 2020. During the quarter, the company announced the launch of Neptune Halo, an electronic pulse oximeter device that measures oxygen saturation of the blood, which can be used in the battle against COVID-19.

Stock#3: Cresco Labs Inc.

Cresco Labs is a consumer cannabis products company involved in growing, manufacturing, and distribution. The company announced in late June the appointment of Dennis Olis to the role of Chief Financial Officer (CFO). He succeeds Ken Amann, who is retiring at the end of the year.

Marijuana Stocks with the Most Momentum

These are the marijuana stocks that had the highest total return over the last 12 months.

Stock#1: GrowGeneration Corp.

GrowGeneration is a distributor of agricultural products. The company operates retail hydroponic and organic specialty gardening retail outlets. It sells plant nutrition, farming soils, crops, advanced lighting technology, hydroponic and aquaponic equipment, and more. GrowGeneration posted net income growth of 142.4% as revenue grew 123.0% to a record $43.5 million in Q2 2020, which ended June 30, 2020.

Stock#2: Trulieve Cannabis Corp.

Trulieve Cannabis is a Canada-based holding company that, through its subsidiaries, engages in the cultivation, possession, sale, and distribution of medical cannabis.

Stock#3: Planet 13 Holdings Inc.

Planet 13 is a holding company that, through its subsidiaries, develops cannabis-based products. The company's products include #cannabis, cannabis extracts, infused products, vapes, edibles, and more.

Okay, that is all from today lesson. I hope you already have some ideas as well as insights about the cannabis industry and what companies are involved in it. Make your investing decision wisely! More interesting topic will be discussed. Stay Tune!

By the way, we are giving free E-book as gifts for people that sign up for our community. We will share resourceful information and helpful tips about investing in different asset classes.

We need more people that really eager to learn more about investing in different assets classes to join our community. Join Us Today! Here is the link: https://bryanandrobertpublishing.mail...

#cannabisstocks #marijuanastocks #marijuana #cannabis #stockinvesting
 •  0 comments  •  flag
Share on Twitter
Published on November 09, 2020 18:23 Tags: cannabis