Undervalued Cannabis Stocks Price To Book Value And Why These Cannabis Stocks Will Go Up
Undervalued Cannabis Stocks Price To Book Value And Why These Cannabis Stocks Will Go Up
Undervalued Cannabis Stocks Are the norm and if you are a value investor looking for a long term holding, undervalued cannabis stocks may be the best place to start. Cannabis stocks are undervalued because cannabis stocks are out of favor when it comes to investors. But, the reasons cannabis stocks are out of favor may be going away as cannabis federal legalization may occur soon. This will mean that cannabis stocks can move off of the OTC market and up-list to Nasdaq where cannabis stocks will draw in far more investors. Those new investors will be far bigger and more supportive allowing for prices to start to move upward for cannabis stocks.
If you are looking for undervalued cannabis stocks you can look at the total list of cannabis stocks here that show, from a price to book ratio, that cannabis stocks are trading well below the 1.00 level. This means that the total assets of a cannabis stock are below the level of market capitalization making these all undervalued cannabis stocks. The data how that there is significant upside potential in a majority of cannabis stocks. By looking. at price to book ratio, and then comparing price to book ratio of all stocks to cannabis stocks, the enables you to determine that most cannabis stocks. are undervalued by orders of magnitude. There will be big moves upward in cannabis stocks from this once cannabis federal legalization occurs.
Look. for other stock ratios showing how cannabis federal legalization will enable cannabis stocks to move upward significantly.
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Going need an update on Hiti love your videos!
Verano, C21 and Vext seem to be some of the most undervalued IMO, but not necessarily by price to book. Looking more at P/E and growth rate. My top 3 positions personally.
Halo collective is an example of a company that fucked itself into ridiculously low price to book from too many reverse splits.
Too bad they are all down 90% since 2017, mostly crooks and stock scams I am sure many will just get liquidated companies and run. The street is half retail the stores cannot make profit. Worse stock scam mj since 1929. Mega criminal run, run far away. Biosteel like ACB and Coke LOL!
Great video! Love the content. Book value is a great metric to see value in a company. Now look at the growth of these companies.
I understand everything you are saying,, but I have way more confidence going with a $TLRY for example,, which has incredible potential horsepower due to its notoriety. Best of luck, whatever anybodyβs got ππΌ
* What’s the best way to make money from crypto investing?
So D.H., would you say Halo is dead at this point?
Excellent information Thank you π
Planet13??
Today and Yesterday, Cannabis Stock jump high rocords today ππβΊοΈππ.
What do you think about high tide being down 23% today after news about dilution?