Elliot Johnson has heard countless stories of cannabis investors who bought into Canadian companies such as Canopy Growth Corp. early on and rode the green rush to staggering returns.
“The Canadian growth story is going to be viewed in the fullness of time as being less exciting than the U.S. story,” Johnson said. Clearing both hurdles would unlock significant latent value, he said. While Canadian cannabis companies are already trading at their highest valuation, he said, most U.S. names are undervalued due to legal uncertainty.
Johnson sees this potential for at least three names in his portfolio — Curaleaf Holdings Inc., Harvest Health & Recreation Inc. and Slang Worldwide Inc. Harvest is taking the opposite approach, establishing over 20 different brands, but its strong appetite for growth — and the manner in which it has accomplished it — has been enough to convince Johnson.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Companies rush to produce pot products, without the cannabis plant itselfAn increasing number of licensed producers and biotechnology firms are moving towards synthetic production of THC and other cannabinoids in a lab, using ingredients such as sugar and yeast, eyeing the potential to produce these active compounds more cheaply than traditional cultivation and extraction. No thanks.
Fuente: CTVNews - 🏆 1. / 99 Leer más »
Why business is booming for cannabis extraction companies, despite the supply shortagesAlthough licensed producers are getting into extraction, observers predict it won’t be enough to meet future demand for cannabis in oil-form MediPharmLabs Anyone interested in investing in this can follow me for news.
Fuente: nationalpost - 🏆 10. / 80 Leer más »
U.S. to allow lawsuits against foreign firms in Cuba, putting Canadian companies at riskThe major policy shift appears intended to intensify pressure on Havana at a time Washington is demanding that it end its support for Venezuela’s socialist president Nicolas Maduro
Fuente: globeandmail - 🏆 5. / 92 Leer más »
U.S. shifts Cuba policy to allow lawsuits against foreign companies — and that includes Canadian firmsThe policy could place Canadian mining, tourism and financial services companies at risk in American courts
Fuente: nationalpost - 🏆 10. / 80 Leer más »
U.S. allows lawsuits against foreign companies in Cuba, imperilling CanadaThe Trump administration says it will now allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution -- including Canadian businesses. It's an outrageous over reach by the USA. It should be contested at the highest courts in the world. Under the bus we go --again. Cancel CUSMA unless the exempt us.
Fuente: CTVNews - 🏆 1. / 99 Leer más »
Canada’s Canopy Growth nears deal to buy U.S.-based pot company Acreage Holdings: sourceCanadian cannabis companies have been looking for ways to get into the U.S. market, where cannabis remains federally illegal
Fuente: globeandmail - 🏆 5. / 92 Leer más »