Better Cannabis Stock: Curaleaf vs Trulieve fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
May 5, 2021 at 10:54AM
In the still-nascent cannabis industry, a lack of cash flow for a company can often lead to a lot of frustration for investors. Cash-strapped businesses often issue shares just to help finance their operations, leaving existing shares worth less, and the stock price ends up falling. Sales growth and positive adjusted EBITDA can help a company attract attention, but if it s not generating positive cash flow from its operations, it may not be a great investment.
However, four cannabis producers are having no trouble producing cash flow:
Green Thumb Industries (OTC:GTBIF),
Village Farms International (NASDAQ:VFF). Each has posted some great results over the past year, and they re among the safest pot stocks you can invest in today.
The Right Cannabis ETF Can Ease Your Investment Pain fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.