Viridian Chart Of The Week: How Capital Intensive Is Cannabis?
Portfolio Pulse from Viridian Capital Advisors
A chart by Viridian Capital shows that the cannabis industry is the most capital-intensive compared to tobacco, alcoholic beverages, pharmaceuticals, and consumer products industries. The capital intensity is measured by the next twelve-month consensus revenue estimates divided by aggregate capital employed. The chart includes nine cannabis companies with market caps over $100M, and several companies from the other industries. The high capital intensity of the cannabis industry is attributed to federal illegality, which forces companies to maintain duplicate managerial and operations functions.
August 28, 2023 | 5:10 pm
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NEUTRAL IMPACT
ABEV is mentioned as part of the alcoholic beverages industry in the capital intensity comparison.
The news does not provide any specific information about ABEV that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
BF-B is mentioned as part of the alcoholic beverages industry in the capital intensity comparison.
The news does not provide any specific information about BF-B that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
BTI is mentioned as part of the tobacco industry in the capital intensity comparison.
The news does not provide any specific information about BTI that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
CL is mentioned as part of the consumer products industry in the capital intensity comparison.
The news does not provide any specific information about CL that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
DEO is mentioned as part of the alcoholic beverages industry in the capital intensity comparison.
The news does not provide any specific information about DEO that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
JAPAF is mentioned as part of the tobacco industry in the capital intensity comparison.
The news does not provide any specific information about JAPAF that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
JNJ is mentioned as part of the pharmaceuticals industry in the capital intensity comparison.
The news does not provide any specific information about JNJ that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
LLY is mentioned as part of the pharmaceuticals industry in the capital intensity comparison.
The news does not provide any specific information about LLY that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
MDLZ is mentioned as part of the consumer products industry in the capital intensity comparison.
The news does not provide any specific information about MDLZ that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
MO is mentioned as part of the tobacco industry in the capital intensity comparison.
The news does not provide any specific information about MO that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
MRK is mentioned as part of the pharmaceuticals industry in the capital intensity comparison.
The news does not provide any specific information about MRK that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
PFE is mentioned as part of the pharmaceuticals industry in the capital intensity comparison.
The news does not provide any specific information about PFE that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
PG is mentioned as part of the consumer products industry in the capital intensity comparison.
The news does not provide any specific information about PG that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
PM is mentioned as part of the tobacco industry in the capital intensity comparison.
The news does not provide any specific information about PM that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
STZ is mentioned as part of the alcoholic beverages industry in the capital intensity comparison.
The news does not provide any specific information about STZ that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
TAP is mentioned as part of the alcoholic beverages industry in the capital intensity comparison.
The news does not provide any specific information about TAP that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
UL is mentioned as part of the consumer products industry in the capital intensity comparison.
The news does not provide any specific information about UL that would impact its stock price.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50