The chart explores the EV / Next Twelve Month Revenue multiples for the largest U.S. MSOs compared to the most prominent Canadian LPs (at the beginning of the period).
The red line on the graph shows the aggregate enterprise value to consensus next twelve-month revenue multiples of the largest 10 Canadian LPs by market cap at the end of 2021. The group includes Tilray (NASDAQ: TLRY), Canopy Growth (NASDAQ: CGC), Cronos (NASDAQ: CRON), Sundial (NASDAQ: SNDL), Organigram (NASDAQ: OGI), Aurora (NASDAQ: ACB), Village Farms (NASDAQ: VFF), HEXO (NASDAQ: HEXO), Fire & Flower (OTC: FFLWF), and High Tide (NASDAQ: HITI).
The blue line on the graph shows the aggregate enterprise value to consensus next twelve-month revenue multiples of the largest 11 U.S. MSOs by market cap at the end of 2021. The group includes Ascend (OTC: AAWH), AYR (OTC: AYRWF), Columbia Care (OTC: CCHWF), Cresco (OTC: CRLBF), Curaleaf (OTC: CURLF), Green Thumb (OTC: <a …