Cannabis Valuations Update episode artwork

EPISODE · Nov 24, 2021 · 4 MIN

Cannabis Valuations Update

from The Talking Hedge · host Josh Kincaid

The highest returning #cannabis sector is Biotech/Pharma which has an estimated 13% gain YTD. The lowest returning sector is #Hemp with an approximate 45% loss YTD. Sector M&A activity is up sharply 2021 with 31 transactions YTD compared to only 1 in 2020, however, business fundamentals still lag, as #CBD sales in retail have not bounced back to pre-COVID levels. #AgricultureTechnology is in consolidation mode as evidence by the $653M YTD M&A consideration targeted at the sector but the #stocks have been punished by the slowdown in cultivation impacting several western states including Nevada and California, leading to a 24% YTD loss. The #Cultivation & Retail is still down by about 7% despite the sharp rally over the last two weeks. Episode 825 The #TalkingHedge dives into Viridian Capital Advisors' report... https://youtu.be/LlWcEcSxjsA

The highest returning #cannabis sector is Biotech/Pharma which has an estimated 13% gain YTD. The lowest returning sector is #Hemp with an approximate 45% loss YTD. Sector M&A activity is up sharply 2021 with 31 transactions YTD compared to only 1 in 2020, however, business fundamentals still lag, as #CBD sales in retail have not bounced back to pre-COVID levels. #AgricultureTechnology is in consolidation mode as evidence by the $653M YTD M&A consideration targeted at the sector but the #stocks have been punished by the slowdown in cultivation impacting several western states including Nevada and California, leading to a 24% YTD loss. The #Cultivation & Retail is still down by about 7% despite the sharp rally over the last two weeks. Episode 825 The #TalkingHedge dives into Viridian Capital Advisors' report... https://youtu.be/LlWcEcSxjsA

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Cannabis Valuations Update

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The highest returning #cannabis sector is Biotech/Pharma which has an estimated 13% gain YTD. The lowest returning sector is #Hemp with an approximate 45% loss YTD. Sector M&A activity is up sharply 2021 with 31 transactions YTD compared to only 1...

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