OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS
Home » Week of 4/15/24-4/19/24
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Our modified setup on the sector valuation report is interesting in that it allows one to see the timing of expected industry turnaround. Note that all quartiles of EBITDA are negative for the Hemp sector until 2025 when the median becomes 9.42x. That seems like quite a high number, but an investigation of the detail reveals it’s high because the expected EBITDAs are just turning positive after a fairly ugly run. We hope the analysts are right on this one!
Our modified setup on the sector valuation report is interesting in that it allows one to see the timing of expected industry turnaround. Note that all quartiles of EBITDA are negative for the Hemp sector until 2025 when the median becomes 9.42x. That seems like quite a high number, but an investigation of the detail reveals it’s high because the expected EBITDAs are just turning positive after a fairly ugly run. We hope the analysts are right on this one!
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