This version of our comparable table compares only public cannabis producers in Canada who have produced marijuana and have a net cash balance in the millions. We compare a number of non-financial metrics such as production, forecasted future production, kilograms sold, capacity and percentage of oil sales. We also look at traditional financial figures such as Bloomberg consensus EV/EBITDA estimates for fiscal 2017, 2018, 2019 and sometimes 2020 as well as our estimates for Aphria, Canopy Growth and MedReleaf. Important Disclosures and Disclaimer This publication is produced by Perspectec Inc. This publication and the contents hereof are intended for […]
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In this report, we compare key metrics between Aphria and Canopy Growth, two of the largest licensed Canadian marijuana producers. Our fiscal 2019 EBITDA estimate for both companies are dozens of millions of dollars below the lowest sell-side estimate. In our discussions with those in the industry and analysis of the market, we believe our estimates will end up being closer to actual reported figures. We believe Aphria’s share price will increase (or decrease less) versus Canopy’s beginning from July 14th 2017 to the average last ten trading days closing price in October of 2019. The stock call is good […]