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Knight Therapeutics Inc. (GUD)
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Aurora Cannabis Inc. (ACB)
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Global X Marijuana Life Sciences Index ETF (HMMJ)
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Cronos Group Inc. (CRON)
Q: Hello,
What do you think of Knight's results? In the cannabis space, would be a good idea to start a position in Aurora and Cronos Group. Both seem to have a decent PE (based on yahoo) or is still too early given US may not legalize it. Alternatively, do you think it is best to go with HMMJ but many companies in the ETF do not have profits so am wondering best way to enter the space.. much appreciated.
What do you think of Knight's results? In the cannabis space, would be a good idea to start a position in Aurora and Cronos Group. Both seem to have a decent PE (based on yahoo) or is still too early given US may not legalize it. Alternatively, do you think it is best to go with HMMJ but many companies in the ETF do not have profits so am wondering best way to enter the space.. much appreciated.
5i Research Answer:
GUD reported EPS of $0.11 beating estimates of $0.017 and revenues of $94.07M beat estimates of...