- Spark Newswire

3 minute read

Cannabis Chart Of The Week: Are You Worth More Than Your Cash? Cash-To-Market Cap Ratios Among Weed Companies

March 1, 1:33 PM

The graph depicts the ratio of cash to market cap for the U.S. and Canadian Cultivation & Retail companies with more than $200M of market cap. Note that five companies have more than 30% cash to market cap, all Canadian LPs.

ACB

2 minute read

Cannabis Stocks Chart: EBITDA Estimate Revisions – It’s All About The Margins

By Viridian Capital Advisors

February 26, 1:01 PM

Several market commentators have recently noted that the consensus analyst revenue estimates for the large MSOs have declined by low single-digit percentages since November.

CSE:AYR

2 minute read

Cannabis Stocks Chart: Renewed Legalization Hopes Widen The Valuation Gap

By Viridian Capital Advisors

February 16, 12:54 PM

The graph shows the Enterprise Value to Next Twelve Months (NTM) EBITDA ratios for two groups of cannabis companies: those with market caps greater than $750M (green line) and those with market caps less than $300M (orange line). In addition, the valuation multiple difference, which we refer to as the valuation gap, is shown by the black line.

CNBS

2 minute read

Cannabis Stocks To Watch: Schwazze, Undervalued Consolidator

By Viridian Capital Advisors

February 14, 4:38 PM

February 10, 2022: We caught up with Schwazze (OTC: SHWZ) management this week to discuss the company’s recently completed deal to enter New Mexico, expansion in Colorado and plans for further near-term growth both through M&A and ongoing construction projects in these states and adj

SHWZ

3 minute read

Chart: Is Cannabis Debt Priced Accurately? This Unique Credit Tracker Has The Answer

By Viridian Capital Advisors

February 8, 3:12 PM

Viridian Capital’s proprietary Cannabis Credit Tracker utilizes 11 financial and market variables to determine a cannabis company’s credit score, including Liquidity, Leverage, Profitability, and Size. The higher the score, the better the company's credit quality. The Viridian Credit Tracker produces relative credit rankings for all sectors of the cannabis industry.

CNBS

3 minute read

[Chart] Cannabis Stocks: Is There Any Port in This Storm?

By Viridian Capital Advisors

January 25, 12:02 PM

2022 has not been kind to the stock market in general and the cannabis stock market in particular. YTD, the S&P 500 (NYSE: SPY) is down 7.7%, and the AdvisorShares PureUS Cannabis ETF (NYSE: MSOS) is down 16.3%.

GRWG

3 minute read

Cannabis Chart Of The Week: Are Share Buybacks Or Recaps Ahead For Cannabis Stocks?

By Viridian Capital Advisors

January 5, 2:53 PM

Last week’s Viridian Deal Tracker discussed the recently announced Curaleaf (CSE: CURA) (OTCQX: CURLF) acquisition of integrated Arizona operator Bloom which we view as a leveraged buyout:

CSE:CURA

3 minute read

Size Does Matter: Cannabis Industry Chart Of The Week

By Viridian Capital Advisors

December 2, 9:05 AM

The chart shows valuation multiples EV/2022 Revenues and EV/2022 EBITDA arranged in increasing order of 2022 revenue. The yellow and green bars show EV/2022 revenue and EV/2022 EBITDA multiples, both of which are measured on the left vertical axis. The red line shows debt/market cap, and the black line indicates the 2021-2022 revenue growth percent, both of which are measured on the

AWWH

3 minute read

Chart: How Have Cannabis Industry Sectors Performed This Year And What Are Their Valuation Multiples? Do They Make Sense?

By Viridian Capital Advisors

November 18, 10:48 AM

Viridian Capital Advisors breaks the cannabis industry down into 12 sub sectors for purposes of tracking capital raises, M&A activity, valuation, and credit analysis by industry sector.

ARNA

3 minute read

Last Week’s Cannabis ‘Legalization’ Stock Rally In Perspective

By Viridian Capital Advisors

November 14, 1:34 PM

In last week’s graph of the week, we analyzed US MSO multiples and showed that they are far too low relative to other industries, particularly given their outsized growth potential.

MRMD