Advertisement
Canada markets open in 7 hours 41 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7308
    +0.0010 (+0.14%)
     
  • CRUDE OIL

    82.97
    +0.16 (+0.19%)
     
  • Bitcoin CAD

    88,090.72
    -3,187.55 (-3.49%)
     
  • CMC Crypto 200

    1,386.86
    -37.24 (-2.62%)
     
  • GOLD FUTURES

    2,329.30
    -9.10 (-0.39%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,435.00
    -229.50 (-1.30%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    37,642.23
    -817.85 (-2.13%)
     
  • CAD/EUR

    0.6818
    -0.0001 (-0.01%)
     

Comparing Cannabis Stocks’ Valuation Multiples in November

Comparing Cannabis Stocks’ Valuation Multiples in November

In this part, we’ll discuss how the nine cannabis stocks’ (MJ) forward EV-to-EBITDA multiples have changed month-over-month. From the above chart, you can see that most of the cannabis stocks are trading at a discount compared to their multiples in October. Aurora Cannabis (ACB) was trading at a multiple of 26.4x, which declined from 34x in October.