Our analysts Shayne Laidlaw and Howard Penney are presenting their Launch Black Book on the Cannabis Industry this Thursday, November 8. They will take a deep dive look at new top Short Canopy Growth (CGC) and new top Long Cronos (CRON) in addition to approximatey 5 other names
In addition to our launch, the team will be starting a daily update product on the sector due to the pace of change in the industry. They will also be launching deep dive Black Books on several names per quarter going forward and updates on their Top Ideas.
While the cannabis industry certainly has great growth prospects, we believe there is far too much optimism built into top-line projections and thus the market value of some important equities in the space.
The team will be partnering with our Health Policy analyst, Emily Evans, to nail down the policy piece which is a whole separate matter in regard to the potential growth of this market. Our launch will present a deep dive into the U.S. and Canadian market, hitting on key countries globally that have a stake in the cannabis sector.
And don’t forget about hemp, cannabinoids doesn’t just mean psychoactive THC. There is also CBD which has a wide range of uses and has a near-term catalyst in the Farm Bill.
In the end, there will be winners and losers. But before we get there, actual results need to be reported and realistic revenue projections and margin profiles need to be sorted out.
If you are an institutional investor and would like to be included in the sector launch email firstname.lastname@example.org.