Cannabis companies focused on the United States still have a “massive and unsustainable” valuation discount relative to their Canadian counterparts, according to a new report by Beacon Securities. As of this week, companies with an operational focus on the United States are trading at about 13-times consensus estimates for their 2020 earnings before interest, taxes,
‘Massive & unsustainable’ value gap between Canadian, US cannabis firms, analyst notes is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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Originally posted on ‘Massive & unsustainable’ value gap between Canadian, US cannabis firms, analyst notes via George Scorsis Medical Marijuana News
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