Added to YB: 2024-03-08
Pitch date: 2024-03-07
GRIN.CN [bearish]
Grown Rogue International Inc.
+24.64%
current return
Author Info
Okapi is a former hedge fund analyst who focuses on Consumer and TMT Stocks. Sign up for the newsletter.
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Company Info
Grown Rogue International Inc., a craft cannabis company, focuses on premium flower and flower-derived products.
Market Cap
CAD 87.4M
Pitch Price
CAD 0.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
-71.19
P/E
13.05
EV/Sales
4.21
Sector
Pharmaceuticals
Category
N/A
Show full summary:
The Thursday Thesis: Grown Rogue International Inc. - $GRIN.CN
GRIN.CN: Overvalued at 10x EBITDA for capital-intensive cannabis; survivors may benefit near-term from dried up capital, but MI expansion is risky with large black market & high flower prices likely to fall, especially when OH goes live in '24.
Read full article (1 min)