The Canadian marijuana stocks on our list have recorded the highest gross margins based on their latest quarter
SmallCapPower | August 21, 2017: Today we have shortlisted four Canadian marijuana stocks that have recorded the highest gross margins based on their latest quarter. They have a market capitalization ranging between $230 million – $905 million.
Aphria Inc (TSX: APH)
Aphria Inc. produces, supplies, and sells medical marijuana. The Company offers cannabis oil with dried marijuana. Aphria operates in Canada. It is a global leader in providing patients with safe and effective medical cannabis products. Their medical cannabis is 100% greenhouse grown.
- Gross Margin – 95.3%
- Market Cap – $816.3 million
- Price – $5.88
Aurora Cannabis Inc (TSX: ACB)
Aurora Cannabis Inc. operates in the medical marijuana industry. The Company, through its subsidiaries, is a licensed producer of medical marijuana, and is an active participant in the Cannabis market.
- Gross Margin – 111.3%
- Market Cap – 905.9 million
- Price – $2.47
CanniMed Therapeutics Inc (TSX: CMED)
CanniMed Therapeutics Inc. operates as a biopharmaceutical company. The Company focuses on producing pharmaceutical-grade cannabis through research and development, as well as through collaborations with external partners, including academic institutions and healthcare professionals. CanniMed Therapeutics serves the healthcare sector in Canada.
- Gross Margin – 31.2%
- Market Cap – 230.1 million
- Price – $10.15
MedReleaf Corp (TSX: LEAF)
MedReleaf Corp. manufactures and distributes medical cannabis. The Company produces and sells dry cannabis, oils, and capsules. It offers products for scientific research and healthcare uses in Canada.
- Gross Margin – 111.2%
- Market Cap – $715.8 million
- Price – $7.92
Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.
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