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Why Cannabis Stocks Look Cheap in December

Why Cannabis Stocks Look Cheap in December

So far in this series, we discussed how some of the major cannabis stocks (MJ) including Canopy Growth (WEED), Tilray (TLRY), Aphria (APHA), and HEXO (HEXO) looked cheap. We’ll discuss the catalyst behind the movements in the EV-to-sales and EV-to-EBITDA multiples to determine what drove the valuations lower.