3 Marijuana Stocks That Are Cheaper Than Aphria — The Motley Fool

The following are three reasons why gold stocks will perform better than weed stocks if gold resumes its bull run. They’re more modestly valued. It’s well known that marijuana stocks trade at sky-high valuations. Even CannTrust, one of the cheaper stocks in the industry, trades at 5.97 times sales.

Better Marijuana Stock: Aphria vs. MedReleaf.. More From The Motley Fool . 3 Growth Stocks at Deep-Value Prices ;. RBI move to make digital payments cheaper for these accounts.

On that basis, Aphria’s market cap using the projected figures above would be around $924 million, which is around two-and-a-half times less than its current market cap of $2.3 billion. While.

If there’s a pure-play marijuana stock you want on your radar, it’s Aphria. 10 stocks we like better than APHRIA INC NPV. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

You would have won big-time had you owned either Aphria (NASDAQOTH: APHQF) or MedReleaf (nasdaqoth: medff) stocks last year. Aphria’s share price soared 163% in 2017, while MedReleaf jumped 148%. And both marijuana stocks are winners so far in 2018. With Canada set to legalize recreational marijuana.

3 Marijuana Stocks That Are Cheaper Than Aphria.. Continue reading at THE MOTLEY FOOL. Tweet on Twitter Share on Facebook Google+ Pinterest. You May Also Like. 3 Cannabis Stocks to Watch in November. It’s Official: Canadian Pot Growers Are Cutting Output.

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There has arguably been no faster-growing industry in recent memory than marijuana. According to cannabis research firm arcview, the legal weed market in.

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3 Marijuana Stocks That Are Cheaper Than Aphria by admin May 31, 2019 Late last week, Wall Street investment firm Jefferies initiated coverage on embattled marijuana stock Aphria (NYSE:APHA) with a buy rating and a price target of 15 Canadian dollars ($11.10), implying more than 70% upside from where Aphria had closed on its previous day of.

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The following are three reasons why gold stocks will perform better than weed stocks if gold resumes its bull run. They’re more modestly valued. It’s well known that marijuana stocks trade at sky-high valuations. Even CannTrust, one of the cheaper stocks in the industry, trades at 5.97 times sales.