There are great cannabis companies going unnoticed — here's how 2 veteran investors say you should find them

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Canada News News

Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.

"There's not two tiers, there's like five," Baruchowitz said.

"There's another awesome tier of people who haven't quite punched through, but they're really showing some strong operations and great assets," Paxhia said.Look at the details to figure out which companies are worth investing in Take the time to dig through financial filings and listen to earnings calls to figure out which companies are in ideal locations and which have strong asset acquisitions and a big focus on profitability.

He added that big companies have gotten to the point where they've built out their presence and have proven their operational capabilities. What you're betting on now if you invest in the top names is their ability to allocate capital. Smaller companies, he said, have the potential to show more disproportionate growth, so they can be a good place for investors to put their money to work."A small company that goes from $10 million in profit to $50 million is going to probably trade better than a company that's going from like $100 million in profit to like $125 million," he said."It's easier to see paradigmatic shift when you're smaller.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

tysonranch MikeTyson sc

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cannabis investing tip: Look for companies impacted by 280EBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. God is holy, we must also be holy. Accept Jesus (hope) Holy Spirit (Righteousness) thanks
Source: BusinessInsider - 🏆 729. / 51 Read more »

Canadian cannabis company Organigram says CEO Greg Engel is stepping down with immediate effectOrganigram Holdings Inc. undefined said Monday that Chief Executive Greg Engel is stepping down from his role effective today and will act as special adviser... Trying to Pump
Source: MarketWatch - 🏆 3. / 97 Read more »