CLS Holdings USA Inc (CLSH)

[GoSpeedGo]

THINGS to watch for $CLSH

1. Profitability
The story for U.S. cannabis companies is just as much about growth, could have a 140% year-over-year boost.
With the largest U.S. multi-state operators trading anywhere from 8 to 16 times 2022 earnings before interest, taxes, depreciation and amortization, or EBITDA, they look cheap stacked against other high-growth consumer packaged goods groups

2. M&A
Mergers and acquisitions will be central to the cannabis market’s development in the coming months.
CLSH has started with EXPANSION to New Mexico.

3. Technicals
CLSH need to see some of these charts get back above their 200 moving average

4. Macro
The U.S. cannabis market has grown to around $23 billion while the Canadian market sits at roughly $4 billion, according to Headset.

Arkansas, Florida, Idaho, Mississippi, Missouri, Nebraska, North Dakota and Ohio all have cannabis-related initiatives on their 2022 ballots, according to Ballotpedia.

Decriminalization at the federal level will also eventually be a huge plus for the group, as it would allow U.S. cannabis companies to trade on major exchanges and gain access to some of the world’s largest investors