The post 3 Marijuana Stocks With High Hopes for the Future appeared first on InvestorPlace. It doesn’t matter if you have $500 in savings or $5 million. Top Stock Picker Reveals His Next Potential Winner Why Everyone Is Investing in 5G All WRONG His passion is to help the average investor make more informed decisions regarding their portfolio. Faizan has several years of experience analyzing the stock market and was a former data journalist at S&P Global Market Intelligence. On the date of publication, Faizan Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article.įaizan Farooque is a contributing author for and numerous other financial sites. Until then, the general euphoria regarding the sector will continue to drive shares higher. All the data points to the company turning the corner soon. That kind of performance is rare, but investors will ideally want some improvement in fundamentals to accompany this. OGI has outperformed the S&P 500 by 185.1% and its sector by 198.2% in the past five years. But shares are still trading at 11.2 times price-to-earnings.
Sales and EPS are expected to grow 64.1% and 320.0%, leading to a bullish reading. But analysts are expecting the next year to bring some relief. OrganiGram has disappointed investors with its sluggish revenue growth and cash burn. Its brand portfolio includes Edison Reserve, Edison Cannabis Co, ANKR Organics, and Trailblazer.
OrganiGram Holdings focuses on producing indoor-growth cannabis for patients and adult recreational consumers and developing overseas business partnerships. Marijuana Stocks To Buy: OrganiGram Holdings (OGI)ģ0 Marijuana Stocks to Buy as the Future Turns Green For all this, if you get shares for just 9.8 times P/S, I’d say it’s a steal. Looking ahead, it’s expected that the company will increase sales by 31.5% next year. In the past five years, sales have grown 179.6% on average. Aphria closed the acquisition last year.ħ Blue Chip Stocks to Help Prepare For Your RetirementĬEO and Chairman Irwin Simon said the purchase would allow the Canadian licensed producer to build brand awareness in the U.S. presence is its main Achilles heel, it does have some exposure in the form of SweetWater, a craft brewery. It has operations in over 10 countries outside of Canada and is the main distributor of medical cannabis to Germany.Īlthough not having a U.S.
Nonetheless, now that the Democrats are in power, we can see headway on that end.Īphria operates through retail and wholesale channels in Canada and internationally. Join my Discord server and enjoy the community Check my Twitter page. Tags: 3d, adult, comedy, eroge, erotic, male-protagonist, renpy, romance, slice-of-life, visual-novel, ahegao. CBD or THC markets due to federal prohibition constraints. youll experience growth more than you ever thought you would. Aphria does not have exposure to the U.S.