Shares of C21 Investments, the growth of which has been fuelled by acquisitions, are “super cheap compared with its peers,” Mr. Campbell says. The Vancouver-based company cultivates, manufactures and distributes cannabis and hemp-derived products in Nevada and Oregon. C21 Investments’ acquisition last year of the Silver State Relief LLC and Silver State Cultivation LLC dispensaries in Nevada is its biggest coup because of the attractive price it paid for those assets, he says.
”Ninepoint UIT Alternative Health FundIllinois’ move to allow adults to use recreational cannabis is among one of the potential catalysts for Chicago-based Green Thumb Industries’ shares, Mr. Taerk says. The vertically integrated cannabis producer operates in 11 states. It will have 95 dispensary licences by year-end, including the additional five granted due to Illinois legalizing recreational cannabis. Only 23 stores are open today, so there is earnings growth visibility, he notes.