Infographic: Cannabis Earnings Season Continues
Stephen L Kanaval Follow |The cannabis sector's earning season continues this week, but there are already some notable takeaways. First, investors are starting to demand efficiency from this nascent group. Many of the companies across the industry have scaled to current size through costly acquisitions and now investors are expecting execution. Yet, some analysts believe more mergers and acquisitions will be fueled by these recent earnings as smaller operators look to keep pace.
Some of the quieter companies across the industry have been the most impressive like GW Pharma's (GWPH)490% quarter-over-quarter growth along with Planet 13 Holdings' (PLNHF)70% quarter-over-quarter growth (not pictures on the timeline below).
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
Companies
| Symbol | Name | Price | Change | % | Volume | ||
|---|---|---|---|---|---|---|---|
| Follow | APHQF APHA | Aphria | n/a | n/a | n/a | 0 | |
| Follow | SPRWF | Supreme Cannabis Company Inc - Ordinary Shares | 1.16 | -0.05 | -3.94 | 351,562 | |
| Follow | GWPH | GW Pharmaceuticals Plc | 170.32 | -0.56 | -0.33 | 445,491 | Trade |
| Follow | CVSI | CV Sciences Inc. | 4.16 | -0.04 | -0.95 | 481,555 | |
| Follow | CRON | Cronos Group Inc. | 15.85 | 0.41 | 2.66 | 4,348,719 | Trade |
| Follow | TLRY | Tilray Inc. | 40.41 | 1.40 | 3.59 | 1,919,153 | Trade |
| Follow | PLNHF | Planet 13 Holdings Inc | 2.01 | -0.02 | -0.99 | 164,473 | |
| Follow | TCNNF | Trulieve Cannabis Corp | 10.40 | 0.30 | 2.97 | 80,907 | |
| Follow | OH:CNX | Origin House | 8.70 | 0.75 | 9.43 | 536,114 | |
| Follow | CRLBF | Cresco Labs Inc | 10.20 | 1.13 | 12.46 | 561,739 | |
| Follow | ACB | Aurora Cannabis Inc. | 7.60 | 0.04 | 0.53 | 7,514,444 | Trade |
| Follow | MEDIF | Medipharm Labs Corp - Ordinary Shares | 3.95 | -0.11 | -2.76 | 182,719 | |
| Follow | GNLN | Greenlane Holdings Inc. | 13.51 | -0.40 | -2.88 | 219,622 | Trade |
| Follow | CCHW:AQN | COLUMBIA CARE INC. | 7.74 | -0.01 | -0.13 | 1,900 |
Comments
You have to be logged in to leave a comment.
Take me to log in Don't have an account?