MJ Stock Trader
Cannabis stock analysis and news
How ya gonna real time Update ??
That’s the goal!
MJ – First, I’d like to thank you for this website and all of your research. It is a site that I check daily for news, research, etc. One comment and potential small opportunity to improve – On top of this page (the investor portal), there is a heading with a date of Jan. 23, 2021 – that may be the date the page / spreadsheet was created?. It does appear the pricing is current, so that date is just confusing. May want to update the spreadsheet to show the current date. Just a suggestion
Thanks for the feedback. Yes, that was the day I started that spreadsheet. The pricing is automatic (20-minute delay) which then updates the market cap and P/S ratios.
Wow – well I’ll become a small patreon then. You have put together a lot of research.
Hey thank you for all this info sir, you’re a legend. May your accounts grow fat and your losses small.
This is too good to be true, excellent data and makes a very clear picture of a heavily fragmented Industry.
Thanks for the feedback!
Thanks for taking the time to complete this. Really appreciate it !! Cheers
Thank you very much for your hard work, will be very useful!
Vext has 2 dispensaries in AZ and not CA ✌
Nice catch – updated!
Solid amount of work. Thsnks for sharing. Bookmarked.
Wow this is awesome. Stuff like this can be super helpful for investors and really shed a light on names that are overlooked.
If I may suggest one more piece to add, it would be square footage of cultivation space. By state would be ideal- similar to your dispensary sheet. In the mid to long term I think it will be critical to identify the vertically integrated players, vs the more wholesale and retail-centric. Often easy forget this is a commodity.
Thanks for sharing this site. Really valuable resource for investors in the space.
I did some quick visualizations based on these charts (just for fun). I’d be happy to help you build out some more charts/dashboards that you could host here if you’re interested. I could plug data studio into your spreadsheets and get a much cooler dashboard worked up depending on what data is available. Let me know!
Nice! I’ll send you an email.
Amazing spreadsheet. Thank you for all of hard work!!!
Thanks for all your work synthesizing an enormous amount of data. It would be great to see Body and Mind, who operate in California, Nevada, Ohio and Arkansas added to your list
Very nice, thanks for the hardwork. I’ve compared many of your companies with the SEC/SEDAR filings and although there are some errors, I find this to be mostly accurate. So hard with all this anyways given the multible sources out there. I only read form the horses mouth – filings & disclosure.
I was wondering if you can privide insite into how you’ve calculated your P/S ratios?
Many thanks, R
I calculate P/S by:
1. Multiply the most recent Q revenue by 4 to get an annualized revenue. I prefer that over TTM.
2. Divide market cap by that annualized number to get a P/S ratio.
Hello again MJ,
Just wanted to suggest you put a disclaimer for “Shares” as it is unclear how you are listing that info. As you know, there are many types of shares and even amongst ‘Shares Outstanding’ there can be a couple different types of that. So as to be consistent, I suggest a disclaimer in how/what you are listing that colume as. For example, Body & Minds latest filing(Feb 2, 2021) lists ‘shares outstanding’ as 108, 307,278, while you post 130 mil?
Some investor decks are not updated for long periods of time, but the filings are the latest.
Again, LOVE your work and this has been an invaluable tool for comparison purposes for investing!
Is this supposed to update? The date says Jan 23.
That’s just the date I started it.
What an amazing list, thanks for the DD. Found via Yahoo Boards.
Thank you! Incredible!
Thank you for putting this together! Great service. I see only one error: Tilt Holdings has 366 million outstanding shares according to their most recent Sedar filings, not 470 million. Small nit on an excellent project!
I use total dilutive shares which include warrants. If you look at their last investor presentation you’ll see 470 million.
PREMO! An excellent one-glance, comprehensive resource. Thanks for all you do! Now you need a 3rd shift editor…
Thank you. Very nice to see which companies are in which states!
You’ve provided a tremendously helpful resource for serious investors in cannabis. Thank you very much … you are certainly appreciated. Be Well.
Thank you for your site.
It would be awesome if we had a sort column function for the various headings?
This is awesome. Thanks for all the hard work that went into putting it together. One question – where are you getting your revenue estimates? Many of the companies haven’t given guidance for full year 2021 or 2022. I think FactSet does have estimates for the Tier 1 and Tier 2 US operators, but it doesn’t look like you’re using those. Thanks again.
Mostly from investor decks, conference calls and eTrade.
Great site! I don’t see a link to contact you directly, but just wanted to say 4Front Ventures now has 2 stores in IL (the chart says 1).
Thanks – just confirmed and will update.
What is this sorted on to rank them? Great work btw!!
Sorted by market cap each Saturday. My Patreon supporters will get emailed a sortable Exel sheet.
This is a great resource. Thank you for sharing this.
Question: what is the unit of measurement for the “Total Grow” column?
I added up their total cultivation by square footage.
super dope job on this
Harvest 2021 Rev is $380MM boom! 🙂
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