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9 states in the U.S. have legal recreational cannabis and 30 states permit medical cannabis. The State of Florida alone has a medical market of $810M, double the size of the entire Canadian market. The Canada listed marijuana stocks we've identified today are great for exposure into the U.S. cannabis market. The original article has been edited here for length (…) and clarity ([ ]). For the latest ? and most informative ? financial articles sign up (in the top right corner) for your FREE tri-weekly Market Intelligence Report newsletter (see sample here)The Canada listed marijuana stocks we've identified below are all licensed producers and/or distributors of cannabis in a number of states in the U.S. 
1. Cannex Capital Holdings Inc. (CSE:CNNX)
Cannabis Cannex Group Holdings…[has] cannabis operations in Washington State and California. Cannex is focused on premium indoor cultivation, extraction, manufacturing and branding of edible and derivative products, as well as retail operations. The Company's subsidiary, BrightLeaf Development LLC, is the largest producer/processor in Washington State. Cannex is also in the process of acquiring Jetty Extracts, one of the largest processors and extractors in California. Cannex plans to produce from two indoor cultivating facilities with a combined 30,000 sq. ft. and 19,000 kg/year capacity, equating to one of the highest yields in the industry at 633 grams/sq. ft. - Market Cap: C$90.6 Million
- 1 Week Total Return: 4.0%
- 1 Month Total Return: -11.2%
- YTD Total Return: 185.8%
2. MedMen Enterprises Inc. (CSE:MMEN)
Cannabis MedMen Enterprises is a vertically-integrated cannabis company operating in the U.S. market. The Company has 18 facilities that manufacture and distribute their cannabis product in California, Nevada and New York. On June 6, the Company completed an acquisition of Treadwell Simpson Partnership and its affiliate. Through this transaction MedMen gained Treadwell Nursery's cultivation facility in Florida and has the license to open 25 additional medical dispensaries in Florida. MedMen is by far the largest cannabis stock listed with operations in the U.S. - Market Cap: C$2.2 Billion (estimated on 28.8M shares issued and 435.4M in reserves)
- 1 Week Total Return: 31.2%
- 1 Month Total Return: n/m
- YTD Total Return: n/m
3. iAnthus Capital Holdings Inc. (CSE:IAN)
Cannabis iAnthus Capital Holding operates licensed cannabis facilities and dispensaries throughout the U.S. The Company's largest production facility is in Florida, totaling 200,000 sq. ft., in addition to operating 30 dispensaries. iAnthus' 39,500 sq. ft. production facility in New York is expected to be operational by Q2/2019 and the Company currently has four dispensaries in the State. The Company also has operational production facilities in Massachusetts and Vermont of 36,000 sq. ft. and 7,000 sq. ft., respectively. - Market Cap: C$333.9 Million
- 1 Week Total Return: 22.1%
- 1 Month Total Return: 43.6%
- YTD Total Return: 170.0%
4. Liberty Health Sciences Inc. (CSE:LHS)
Pharmaceuticals Liberty Health Sciences deals with acquisitions of U.S. based medical cannabis companies. The Company is one of 13 licensed producers and sellers of medical cannabis in Florida, and recently has invested in a licensed producer in Massachusetts. The Company's production facility in Florida is 25,000 sq. ft. and produces 1,600kg of cannabis annually. Liberty Health increased its production by 20% with the assistance it received from Aphria. By November 2018, the Company intends to complete its 200,000 sq. ft. expansion to increase its production capacity to 13,000 kg annually. - Market Cap: C$295.4 Million
- 1 Week Total Return: 1.1%
- 1 Month Total Return: 3.5%
- YTD Total Return: -57.0%
5. Friday Night Inc. (CSE:TGIF)
Cannabis Friday Night operates cannabis and hemp-based assets in Las Vegas, Nevada. The Company owns 91% of Alternative Medicine Association, LC, a licensed cultivator, producer and developer of cannabis-based products. The Company also has a 91% stake in Infused MFG, a hemp-based CBD producer. Friday Night has a 12,000 sq. ft. cultivation and production facility and a 5,000 sq. ft. CBD-infused production facility. The Company plans an expansion of 67,000 sq. ft. and has already purchased over five acres of land in Las Vegas for future expansion. - Market Cap: C$107.4 Million
- 1 Week Total Return: -3.0%
- 1 Month Total Return: -11.9%
- YTD Total Return: -58.6%
Scroll to very bottom of page & add your comments on this article. We want to share what you have to say! Related Articles From the munKNEE Vault: 1. These 4 Marijuana Stocks Expected To Generate Significant EBITDA Growth Over Coming Year As recreational legalization in Canada approaches this summer, the 4 marijuana stocks on our list today have plans to meet the upcoming demand. If the marijuana sector continues its rally, these stocks…are expected to generate significant EBITDA growth over the coming year. 2. Marijuana/Cannabis Stocks: Analysts Say These 5 Companies Have the Potential to More Than Double in Price This Year To take advantage of another potential upswing in the market, we have selected 5 cannabis companies, which analysts believe are undervalued. 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Like technology, the battery metals and cannabis sectors have upside attached to secular trends that are changing our world. As a result, all of these sectors are poised to continue expanding at rapid rates. 8. These 4 Medical Marijuana Stocks Have Underperformed Their Peers Despite Healthy Gross Margins Being able to sell products at a high margin is a good sign of efficiency. Doing so leaves more cash to dedicate to other expenses and service debt obligations. Identifying undervalued companies with strong gross margins in the young marijuana industry is important, given the upcoming Canadian legalization of marijuana for recreational purposes in 2018. Today we have identified 4 Canadian marijuana stocks that have underperformed their peers despite healthy gross margins. 9. These 5 Medical Marijuana Stocks Have the Greatest Upside Potential Investing in marijuana-related stocks is a high-risk, high-reward game due to all the uncertainties surrounding the legalization of the drug. Companies that do succeed, however, have potential to bring large capital gains. That being said we have identified five Canadian marijuana stocks with the biggest upside potential, according to consensus analyst price targets. 10. 5 Marijuana Stocks With Gross Margins Well Above Their Industry Peers Identifying companies with high gross margins in the young marijuana industry is important because operating costs are likely to decrease as the industry matures, leaving these companies with high earnings potential. Today we have identified five Canadian marijuana stocks with gross margins well above their industry peers. 11. Is One of These 5 Junior Marijuana Stocks Ripe For Acquisition? The search is now on for the next junior marijuana stock that is ripe for acquisition. Will it be one of the 5 we've identified based upon their high revenue growth profiles? 12. 5 Cannabis Stocks with Superior Growth Prospects As legalization approaches cannabis companies must compete for supply agreements and retail space…[and those companies best] increasing their production and sales to meet demand could capture a strong retail presence early on. The Canadian cannabis stocks on our list today have released their financial results recently, giving investors insight into their production and revenue increases. 13. The 7 Most Efficient Canadian Cannabis Producers Today we have identified seven Canadian cannabis producers based on sale cost and production efficiency. Support our work: like us on Facebook, follow us on Twitter, or share this article with a friend. munKNEE.com - Voted the internet's "most unique" financial site! (Here's why)The post These 5 Canadian Marijuana Stocks Have Great Exposure Into the U.S. Cannabis Market appeared first on munKNEE.com. |
