The Top 15 Cannabis Earners in Q3

Stephen L Kanaval  |

Pixabay, Rex Medlen

The majority of Q3 earnings season is over, and Trulieve is the clear winner. As I have covered many times, the company run by CEO Kim Rivers has perfectly executed on their business model in Florida. However, Green Thumb Industries should not be overlooked. The Multi-State Operator is keeping pace with Trulieve, and has almost increased 300% year-over-year.


Click to enlarge

Data from published sources. Chart by Equities.com


The second chart outlines quarter-over-quarter growth and Ayr Strategies is the standout here. While most companies were in the 15% to 35% range, the Massachusetts-focused cannabis company is all about achieving positive EBITDA and earnings, and that is showing up Q/Q. A low-light from looking at the chart below is Charlotte's Web Holdings, which saw 0% growth from Q2.

Click to enlarge

Data from published sources. Chart by Equities.com

_____

Equities Contributor: Stephen L. Kanaval

Source: Equities News

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not necessarily 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. The author of this article, or a firm that employs the author, is a holder of the following securities mentioned in this article : None


Discover: Trending Events

United Nations
Blockchain for Europe
Humanity 2.0
World Economic Forum

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG