A Guide To Evaluating Cannabis Stocks: Financial Metrics, Leverage, Governance, Dilution And More
Portfolio Pulse from Nicolás Jose Rodriguez
Zuanic & Associates (Z&A) has launched a research service providing guidance for cannabis stock investments. The firm advises avoiding highly leveraged companies, those with governance issues, and companies with a history of shareholder dilution. Instead, investors should seek companies with strong franchises, positive financial metrics, and low dilution risk. The report also mentions recent offerings by Canopy Growth (NASDAQ:CGC) and Tilray (NASDAQ:TLRY) that caused shareholder dilution and price drops.
July 21, 2023 | 7:46 pm
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NEGATIVE IMPACT
Canopy Growth's recent offerings caused shareholder dilution and price drops.
The report mentions that recent offerings by Canopy Growth led to shareholder dilution and price drops, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Tilray's recent offerings caused shareholder dilution and price drops.
The report mentions that recent offerings by Tilray led to shareholder dilution and price drops, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80