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Tuesday, 11/21/2017 1:50:26 PM

Tuesday, November 21, 2017 1:50:26 PM

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Ranking the Top 4 Canadian Marijuana Stocks

MedReleaf Corp. (TSX:LEAF)

MedReleaf is another efficiency-first producer that I believe is a major underdog in the Canadian marijuana scene. Although the company went public at a tough time, shares have doubled over a few months following an inflow of many positive industry-wide developments.

MedReleaf CEO Neil Closner claims that its costs are dropping and approaching levels comparable to that of Aphria.

According to an investor presentation in August, MedReleaf holds two of 54 medical marijuana licences with a ~18% market share. That’s a huge presence, and if management can retain or even grow its market share, MedReleaf could catch Canopy off guard in a few years down the road for the title of Canada’s favourite pot stock.

https://www.fool.ca/2017/11/15/ranking-the-top-4-canadian-marijuana-stocks/


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