Sep. 11 at 10:43 PM
$VRNOF $CGC $VFF $SNDL $CRON
So one of those is Verano Holdings, (OTCQX:VRNOF). Again, this is a decently large multistate operator with a market cap of around 500,000,000, and it's a quant rated buy. Also gained pretty significantly on this momentum. And if you take a look at it from a quant perspective, for those less familiar with quant, we evaluate based on three fundamental indicators.
So that's valuation, growth, and profitability. And then we evaluate along other predictive factors that we call timeliness indicators, and those are momentum and revisions.
Now if you were to take a look at all of the publicly created cannabis stocks, what you'd see and it's intuitive if you think about it. They score poorly in terms of growth. And that is because a lot of these are operating in the negative in terms of earnings.
Part 2.....