executive officer: Based out of Smith Falls, Ontario, Canopy Growth is a diversified global cannabis company, offering diverse brands and cannabis products, according to The Toronto Star. Canopy Growth Corporation commenced trading on Toronto Stock Exchange in 2016. You might argue our valuations are a little bit ahead of our skis, said Paul Rosen, chief executive officer of Tidal Royalty Corp., which finances weed companies. Hand-out / TMX Group Limited Tilray Inc., a marijuana company valued at nearly 9 billion, currently trades at a price-to-sales ratio of about 124. And Canopy Growth Corp.'s 11 billion-plus market value is on par with Barrick Gold Corp.'s, even though the mining firm, with 18,000 workers, is expected to post 20 times the sales this year as the 1,000-employee cannabis company. That's more than 25 times higher than Amazon Inc. and Apple Inc., the two most valuable companies in the S&P 500.
(news.financializer.com). As
reported in the news.
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