A quick look into the current list of marijuana stocks Canada has to offer will easily give you an idea as to which companies you will want to invest in. If you’re a beginner in the investment world, you’re likely to fall for companies that have the biggest market cap. Why, because market capitalization tells you the value of the company, and common sense dictates that the higher the value, the more reliable, trusted, or stable a company is. Based on the list of marijuana stocks Canada has, only two cannabis companies have exceeded the $10 Billion market cap – Aurora Cannabis Inc., with a market value of $11.8 Billion, and Canopy Growth Corp., valued at $11.1 Billion. Aphria, Inc. comes in next with a market value of $4.6 Billion.
But does company size really matter? Some experts say it’s only one piece of the puzzle. While company size is, indeed, an important factor when considering which cannabis stocks to put your money in, apparently, it’s not the be-all and end-all when it comes to investing in stocks, especially cannabis stocks. In fact, some experts will tell you to invest in small-capped companies because of their potential to grow. You see, that’s the good thing with being small – there’s always that chance to become big later on. So if you invest in a small-capped company today, you can potentially earn a huge sum years later, without having to invest so much initially. And, remember, some of the large-capped companies started small too.
In addition, there also runs the possibility of large companies acquiring smaller-capped companies, and when this happens, you can expect the market price to increase.
As it is, investing in small-capped companies is just as sensible as putting your money in large companies. And in this case, several companies come to mind, like, Supreme Cannabis Company Inc., Liberty Health Sciences, MPX Bioceutical Corp., Sunniva Inc., Cannex Capital Holdings, Emblem Corp., and Nanosphere Health Sciences Inc.
Supreme Cannabis has a market cap of $566.7 Million. It is expanding its facility to produce 50,000 kilos of cannabis yearly. Just recently, the company has announced its partnership with Tilray, a company known to be one of the largest producers of premium medical cannabis in the entire world.
Liberty Health Sciences
Liberty Health Sciences, valued at $406.8 Million, is a medical dispensary in Florida, the only dispensary that delivers pharmaceutical-grade cannabis the next day, for free. Liberty Health Sciences also serves clients in Canada and It has recently partnered with Adaviv, Inc., an agricultural company, to increase crop yield of cannabis.
MPX Bioceutical Corp
Valued at $357.9 Million, MPX Bioceutical Corp. aims to expand its operations in the US by putting up 10 dispensaries and 4 facilities. Taking all these into account, MPX will have the capability to produce 9,000 kilos of cannabis annually.
Valued at $183.3 Million, Sunniva Inc. has operations in Canada and in the US. They plan to build CGMP(Current Good Manufacturing Practice) greenhouses, with the end view of producing cannabis products at the lowest cost possible.
Cannex Capital Holdings
Valued at $164.5 Million, Cannex Capital Holdings is based in Canada but with operations in the US, particularly in the states of Washington and California. Cannex owns BrightLeaf Development LLC and is working on an acquisition project with Jetty Extracts, to take its portfolio a notch higher.
Valued at $155.1 Million, Emblem is expanding its facilities to increase production of cannabis to 17,000 kilos. Emblem has just launched its oral dose-metered cannabis spray, a product that is seen to make waves as it ensures greater efficiency and convenience in giving cannabis medication.
Nanosphere Health Sciences Inc.
Valued at only $38.5 Million, Nanosphere Health Sciences Inc. Is known for its NanoSphere Delivery System, which increases the absorption rate of medicinal cannabis.
The Canadian cannabis market has been looking really robust these days really looks robust, especially with the adoption of this controversial weed in many areas around the world. These companies on the list of cannabis stocks Canada has are therefore poised to make it big in the future, more so because of their expansion programs, diversified product lines, or M&A projects already in the works.
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