The marijuana energy 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 enter oned to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, remedial 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). Scads big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up take growth, which remains strong despite the pandemic-spurred economic downturn.
Marijuana stocks, as represented by the ETFMG Selection Harvest ETF (MJ), have dramatically underperformed the broader market, providing investors with a total return of -47.2% referred to the S&P 500’s total return of 23.9% over the past 12 months. These market performance numbers and the statistics in the proposes below are as of August 26.
Here are the top 3 marijuana stocks with the best value, the fastest sales growth, and the most push.
Best Value Marijuana Stocks
These are the marijuana stocks with the lowest 12-month trailing price-to-sales (P/S) correspondence. For young companies that have not reached profitability, this can provide an idea of how much business you’re getting for each dollar inaugurated.
| Best Value Marijuana Stocks | |||
|---|---|---|---|
| Price ($) | Market Cap ($M) | 12-Month Trailing P/S Ratio | |
| Village Farms International Inc. (VFF.TO) | CA$7.53 | CA$425.3 | 2.0 |
| Net Health & Recreation Inc. (HARV.CX) | CA$1.57 | CA$576.1 | 2.1 |
| Aphria Inc. (APHA.TO) | CA$6.05 | CA$1,743 | 2.9 |
Source: YCharts
- Village Farms International Inc.: Village Farms Oecumenical is a Canada-based agricultural producer. In addition to growing standard vegetables like tomatoes, bell peppers, and cucumbers, the visitors now produces cannabis. Village Farms International reported a 15.1% increase in produce sales for Q2 2020, which ended June 30, 2020. Be that as it may, the company also posted a net loss of $119,000, a significant deterioration from net income of $3.7 million in the year-ago caserne.
- Harvest Health & Recreation Inc.: Harvest Health & Recreation is a Canada-based cannabis company that specializes in cultivation, dispensaries, and oeuvre facilities for medicinal and recreational marijuana. The company announced in late June the appointment of Deborah Keeley to the role of Chief Pecuniary Officer (CFO), effective immediately. Keeley replaced Leo Jaschke, who resigned from his post.
- Aphria Inc.: Aphria is a Canada-based callers engaged in the production and sale of medical and recreational cannabis. The company announced earlier this month that it had enlisted into a Strategic Supply Agreement with Canndoc Ltd., a subsidiary of InterCure Ltd., a leading Israel-based medical cannabis farmer. Aphria will supply Canndoc with dried bulk flower over a two-year period under the intervals of the contract.
Fastest Growing Marijuana Stocks
These are the marijuana stocks with the highest year over year (YOY) sellathons growth for the most recent quarter. Rising sales show that a company’s business is growing. This is frequently used to measure growth of young companies that have not yet reached profitability.
| Fastest Growing Marijuana Stocks | |||
|---|---|---|---|
| Evaluation ($) | Market Cap ($M) | Revenue Growth (%) | |
| Neptune Wellness Solutions Inc. (NEPT.TO) | CA$3.39 | CA$378.2 | 389.9 |
| 4Front Ventures Corp. (FFNT.CX) | CA$0.84 | CA$425.4 | 348.9 |
| Cresco Labs Inc. (CL.CX) | CA$9.14 | CA$1,899 | 226.7 |
Documentation: YCharts
- Neptune Wellness Solutions Inc.: Neptune Wellness Solutions is a Canada-based integrated health and wellness company. The visitors is focused on building a portfolio of natural, plant-based consumer products, including cannabis and hemp. Neptune reported gate growth of 389.9% for Q1 of its 2021 fiscal year (FY), which ended June 30, 2020. The company announced in mid-June the launch of Neptune Disc, an electronic pulse oximeter device that detects oxygen saturation levels in the body and could be used as an vital tool in the battle against COVID-19.
- 4Front Ventures Corp.: 4Front Ventures owns and operates a group of cannabis cultivation and performance facilities. The company also packages, distributes, and retails cannabis products.
- Cresco Labs Inc.: Cresco Labs is a consumer-packaged cannabis products players involved in growing, manufacturing, and distribution. The company announced in late June the appointment of Dennis Olis as CFO. He will restore Ken Amann, who will be retiring at the end of the year.
Marijuana Stocks with the Most Momentum
These are the marijuana stocks that had the highest unconditional return over the last 12 months.
| Marijuana Stocks with the Most Momentum | |||
|---|---|---|---|
| Price ($) | Market Cap ($B) | 12-Month Trawl Total Return (%) | |
| Trulieve Cannabis Corp. (TRUL.CX) | CA$27.45 | CA$3.1 | 154.6 |
| Planet 13 Holdings Inc. (PLTH.CX) | CA$4.82 | CA$0.6 | 94.4 |
| Green Thumb Perseverances Inc. (GTII.CX) | CA$19.00 | CA$4.0 | 80.1 |
| S&P 500 | N/A | N/A | 23.9 |
| ETFMG Alternative Harvest ETF (MJ) | N/A | N/A | -47.2 |
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