Public Cannabis Company Revenue Tracker Provides Updates for October 13th, 2017

October 15, 2017 at 11:07 am
Exclusive article by Alan Brochstein, CFA

The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue producing cannabis stocks that generate industry sales of more than $2.5m per quarter. This data-driven, fact-based tracker will continually update based on new filings so that readers can stay up to date. Companies must file with the SEC or SEDAR to be considered for inclusion.

Fourteen companies currently qualify for inclusion, with six based in the United States and eight in Canada. On October 13th, we updated the list to reflect the FY18-Q1 financials released by Aphria (TSX: APH) (OTC: APHQF). The company’s quarterly sales of C$6.12mm moved it into third-place among the Canadian companies. Its sales grew 40% over FY17-Q1. We also added mCig (OTC: MCIG), which ranks fifth for U.S. companies, with $3.17mm sales in its FY18-Q1, representing growth of 1146%.

Visit the Public Cannabis Company Revenue Tracker to see the complete list of qualifying companies.

Exclusive article by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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