What this Analyst Looks for in a Cannabis Company
Doug Loe tends to look at firms that he believes can have market leadership over the longer term. In fact, it's inevitable that medical cannabis compa …
© 2020 www.B-TV.com. All Rights Reserved.
Doug Loe, Analyst at Echelon Wealth Partners, shares what he looks for in a cannabis company
Doug Loe tends to look at firms that he believes can have market leadership over the longer term. In fact, it's inevitable that medical cannabis companies are going to experience ebb and flows in their market valuation. Loe also believes that much of the recent share price softness has been a consequence of conventional income statement metrics falling below what were probably often optimistic expectations. "We tend to take a medium and longer term perspective on how value can be created. Not just by establishing dominant market share in specific medical or nutritional markets, but also how product differentiation can also drive that evolution", says Loe.
Below is a chart marking the market value of the leading Canadian companies in the cannabis industry 2019.
Latest Articles
Hot Companies
You might also like
BTV Showcases Contango Ore, Critical Elements Lithium, Dryden Gold, FireFox Gold, Kirkland Lake, Klondike Gold, and Selkirk Mines
This week, BTV - Business Television we feature growth-focused mining companies advancing major projects across North America and Europe. From emerging producers and strategic combinations to high-grade exploration and critical mineral development, this episode highlights the next wave of opportunity in the resource sector, including:
Selkirk Copper: A Yukon restart positioned to deliver new Canadian copper supply by 2028
A 50,000-metre drill program began last summer to expand understanding of the resource and guide updated mine design. The goal is to define a 12–15 year mine life while refreshing permits and engineering.
