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cannabis seed companies stock

These are the marijuana stocks with the highest year-over-year (YOY) sales growth for the most recent quarter. Rising sales can help investors identify companies that are able to grow revenue organically or through other means, and find growing companies that have not yet reached profitability. In addition, earnings per share can be significantly influenced by accounting factors that may not reflect the overall strength of the business. However, sales growth can also be potentially misleading about the strength of a business, because growing sales on money-losing businesses can be harmful if the company has no plan to reach profitability.

The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal, and other uses. Some of the biggest companies in the marijuana industry include Canopy Growth Corp. (CGC), Cronos Group Inc. (CRON), and Tilray Inc. (TLRY). Many big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth.

These are the marijuana stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in the early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business’s value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability. The P/S ratio shows how much you’re paying for the stock for each dollar of sales generated.

Fastest Growing Marijuana Stocks

Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF (MJ), have dramatically underperformed the broader market. MJ has provided a total return of -28.6% over the past 12 months, well below the Russell 1000’s total return of 25.2%. These market performance numbers and all statistics in the tables below are as of Jan. 6, 2022.

Below we look at the top five marijuana stocks with the best value, the fastest growth, and the most momentum.

Momentum investing is a factor-based investing strategy in which you invest in a stock whose price has risen faster than the market has as a whole. Momentum investors believe that stocks that have outperformed the market will often continue to do so because the factors that caused them to outperform will not suddenly disappear. In addition, other investors, seeking to benefit from the stock’s outperformance, will often purchase the stock, further bidding its price higher and pushing the stock higher still. These are the stocks that had the highest total return over the past 12 months.

GRWG is top for value and growth, and IIPR is top for momentum

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Cannabis seed companies stock

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These pot stocks will have investors seeing green in the new year.

Another small-cap pot stock with serious potential in 2022 is MSO Jushi Holdings (OTC:JUSHF) .

Planet 13 Holdings

Jushi’s other key catalyst has been prudently deploying cash for acquisitions. For example, the company acquired two dispensaries in Southern California last year. Though California has plenty of pot stores, it’s the leading market for marijuana sales in the world.

It has converted a large amount of capacity in Norfolk to produce CBD-based cannabis rather than tomatoes, which is supplied to GW Pharmaceuticals to make its medical treatments, specifically Epidiolex.

David Barfoot, director at Rize ETF recently stated that ‘Due diligence on medical cannabis companies is capital and labour intensive’.

Cellular Goods

The company sells products in the UK, Europe and the US. These include CBD oils, gels, cosmetic products, vapes and chew pouches. Product availability is subject to local regulations.

UK cannabis exports

Founded in 2016, Kanabo became the second medical cannabis company to list on the LSE’s main market. After its February 2021 listing, the company secured its first UK distribution agreement and, at the time of writing, has a market capitalisation of £65.7 million. Kanabo has operations in Israel and the UK.