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Overweight Rating Highlights Jushi Holdings' Market Edge: Weed Stock Valuation Gap Analysis

Benzinga ·  Feb 21 21:59

Zuanic & Associates gaveJushi Holdings Inc.(CSE:JUSH) (OTC:JUSHF) an Overweight rating as the firm begins its coverage of the marijuana company. The analysis underscores Jushi's substantial potential within the cannabis sector, spotlighting its strategic footprint across seven states and its advantageous position for the shift to recreational weed sales in pivotal markets.

Overweight Valuation

According to senior analystPablo Zuanic, the Overweight rating for Jushi Holdings is rooted in a combination of undervaluation and strategic positioning.

He notes that Jushi's current valuation at 1.5x sales starkly contrasts with the MSO average of 2.2x, signaling a significant undervaluation given...

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