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.