Aurora Beats Tilray As Best Performer Among Canadian Cannabis LPs In October As Stocks Plunge 9.5%
Aurora Beats Tilray As Best Performer Among Canadian Cannabis LPs In October As Stocks Plunge 9.5%
Canadian Cannabis LP Index is on a losing spree for the fourth month, after a 9.5% drop in October to 238.48, New Cannabis Ventures reports.
After a 1% gain in June, the index retreated nearly 27% in the third quarter.
The index, which dropped 30.1% in the last year to end at 275.16, grew by 2.0% over 2021. However, year-to-date, it is down 13.3%.
Moreover, the index remains well below its all-time closing high of 1314.33 in Sept. 2018. After posting a new 52-week closing low of 196.10 in March 2020, it closed 21.6% above that level at the end of the previous month.
The index includes 39 qualifying publicly traded cannabis companies that traded in Canada at the end of September. The companies are divided into three sub-indexes, including Canadian Cannabis LP Tier 1 Index (4 companies), Canadian Cannabis LP Tier 2 Index (15 companies), and Canadian Cannabis LP Tier 3 Index (20 companies).
The index, which is rebalanced each month, requires companies to have a price of at least CA$0.20 ($0.16) unless they are generating at least CA$2.5 million quarterly from their cannabis production operations.
Tier 1
The three largest Canadian LPs, by revenue that generate at least CA$25 million per quarter include are Aurora Cannabis (TSX:ACB) (NASDAQ:ACB), which was the best performer at -6%, followed by Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) and Tilray Inc (TSX:TLRY) (NASDAQ:TLRY) which both dropped 11% in October.
Aurora's shares traded 3.63% lower, closing at $6.63 per share on Friday afternoon. In the meantime, analysts like BofA's Heather Balsky and Cantor Fitzgerald's Pablo Zuanic have been exploring what might drive the company's value most.
Village Farms International, Inc. (TSX:VFF) (NASDAQ:VFF), based in Vancouver, British Columbia, was the fourth company to enter the group. Over the last five years, Village Farms' stock has outperformed some of the most popular stocks globally, including Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX) and Facebook. (NASDAQ:FB).
In October, Tier 1 declined 93.9% to 423.95. Year-to-date, it plunged 13.3% from 488.96 at the end of 2020.
Tier 2
After losing 35.9% in 2020, the Canadian Cannabis LP Tier 2 Index closed at 365.19, only to continue dropping by 2.5% in 2021.
Hexo Corp's (TSX:HEXO) (NASDAQ:HEXO) and The Valens Company Inc.'s (TSX:VLNS) (OTCQX:VLNCF) were the worst performers within the Tier 2 companies, with their sock declining by 22% and 20%, respectively in October. However, the worst might be over for HEXO's stock, according to Zuanic. On Friday, the company reported a net loss of roughly CA$68 million in the fourth quarter of fiscal 2021 and net sales of CA$38.7 million.
Among 15 qualifying companies with cannabis-related quarterly sales between C$5 million and C$25 million, VIVO Cannabis Inc. (TSX:VIVO) (OTCQX:VVCIF) and Decibel Cannabis Company Inc. (TSXV:DB) (OTC:DBCCF) were the only Tier 2 names to post gains.
Tier 3
Tier 3, which included the 20 qualifying LPs that report cannabis-related quarterly sales below C$5 million, fell 8.7% as it closed at 53.12. After ending at 66.59 in 2020, it is down 20.2% year-to-date.
Nextleaf Solutions Ltd. (CSE:OILS) (OTC:OILFF) is emerging as the strongest player, for the second consecutive month, while Bevcanna Enterprises Inc. (CSE:BEV) (OTC:BVNNF) was the worst performer in the group with its stock falling 26% over the past month.
Returns for the overall sector varied greatly, with three names posting double-digit gains and seven declining by more than 20%.
Photo: Courtesy of energepic.com from Pexels
加拿大大麻LP指数继10月份下跌9.5%至238.48点后,连续第四个月下跌,New Cannabis Ventures报道。
在.之后6月份上涨1%,第三季度回落近27%.
该指数,去年下降了30.1%,收于275.16, 比2021年增长2.0%。然而,今年到目前为止,它已经下跌了13.3%.
此外,该指数仍远低于9月1日创下的1314.33点的历史收盘高点。2018年。在2020年3月创下52周收盘新低196.10点后,该指数在前一个月底收盘时较该水平高出21.6%。
该指数包括39家符合条件的上市大麻公司9月底在加拿大交易的股票。这些公司是分为三个子指数,包括加拿大大麻LP Tier 1指数(4家公司)、加拿大大麻LP Tier 2指数(15家公司)和加拿大大麻LP Tier 3指数(20家公司)。
该指数每个月都会重新平衡,要求公司的价格至少为0.20加元(0.16美元),除非他们的大麻生产业务每季度至少产生250万加元的收入。
第1层
这个三家加拿大最大的有限合伙人,按收入计算,每季度至少产生2500万加元包括极光大麻(多伦多证券交易所股票代码:ACB)(纳斯达克:ACB),这是-6%的最佳表现,然后是树冠生长公司(多伦多证券交易所股票代码:WIDD)(纳斯达克:cgc)和Tilray公司(多伦多证券交易所股票代码:TLRY)(纳斯达克:TLRY)两者在10月份都下降了11%.
周五下午,Aurora的股价下跌3.63%,收于每股6.63美元。与此同时,像美国银行的希瑟·巴尔斯基和坎托·菲茨杰拉德的巴勃罗·祖阿尼克这样的分析师一直在探索什么可能是公司价值的最大驱动力。
国际乡村农场公司。多伦多证券交易所股票代码:vff)(纳斯达克股票代码:vff),总部设在不列颠哥伦比亚省温哥华,第四家加入该集团的公司。在过去五年中,乡村农场的股票表现超过了包括微软在内的一些全球最受欢迎的股票(纳斯达克:微软)、苹果(纳斯达克:苹果),Netflix(纳斯达克:nflx)还有脸书。(纳斯达克:fb).
在10月份,一级市场下跌93.9%,至423.95家。年初至今,该指数较2020年底的488.96暴跌13.3%.
第2层
输了之后2020年35.9%,加拿大大麻LP Tier 2指数收于365.19点,只是在2021年继续下降2.5%。
HEXO公司的多伦多证券交易所股票代码:HEXO)(纳斯达克股票代码:HEXO)和瓦伦斯公司的(多伦多证券交易所:VLNS)(OTCQX:VLNCF)是二线公司中表现最差的公司,10月份他们的袜子分别下降了22%和20%。然而,根据Zuanic的说法,对HEXO的股票来说,最糟糕的时期可能已经过去。星期五,该公司报告称,2021财年第四季度净亏损约6800万加元,净销售额为3870万加元。
在15家符合条件的公司中,与大麻相关的季度销售额在500万加元至2500万加元之间,VIVO大麻公司(多伦多证券交易所:vivo)(OTCQX:VVCIF)和分贝大麻公司。(TSXV:DB)(场外交易:DBCCF)是唯一公布涨幅的二级公司。
第3层
第三级、其中包括20家报告大麻相关季度销售额低于500万加元的合格有限合伙人,收盘时下跌8.7%,报53.12点。在2020年收于66.59点后,今年迄今已下跌20.2%。
下一叶解决方案有限公司(CSE:OIL)(场外交易:OILFF)是连续第二个月成为最强大的参与者,而Bevcanna Enterprise Inc.(CSE:BEV)(场外交易:BVNNF)是该集团中表现最差的,其股价在过去一个月里下跌了26%。
整个行业的回报率差异很大,其中三家公司的回报率实现了两位数的增长,七家公司的跌幅超过20%。
图片:由Pexels的energepic.com提供
译文内容由第三方软件翻译。
风险及免责提示
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧