| --- |
| title: "House Oversight: Estate Documents (Nov 12) (HOUSE_OVERSIGHT_024763)" |
| source: "House Oversight: Estate Documents (Nov 12)" |
| sourceUrl: "https://www.justice.gov/epstein" |
| date: "2026-01-01" |
| category: "House Oversight" |
| eftaNumber: "HOUSE_OVERSIGHT_024763" |
| ocrPages: 1 |
| ocrChars: 2168 |
| ocrElapsed: 0.0 |
| parseTier: "external-legacy" |
| engine: "engine undisclosed (ep-nov-12.greg.technology mirror)" |
| externalSource: "greg-ep-nov-12" |
| externalLicense: "not granted" |
| externalCredit: "ep-nov-12.greg.technology" |
| externalUrl: "https://ep-nov-12.greg.technology" |
| --- |
| |
| ACKRELL |
| CAPITAL |
| CHAPTER VII Capital Markets for Cannabis Companies |
| Public Capital Markets: Canada |
| As of November 30, 2017, six cannabis-related companies were trading on the TSX, 20 were trading |
| on the TSXV and 41 were trading on the CSE. Most of the publicly traded cannabis-related companies |
| in Canada are licensed producers under Canada's Access to Cannabis for Medical Purposes Regula- |
| tions, which allow a company to produce and sell medical cannabis products in Canada. A number of |
| companies traded on the CSE also have cannabis-related operations in the United States. The following |
| table provides a summary of cannabis-related companies traded on Canadian stock markets. |
| (As of November 30, 2017) |
| Summary of Canadian Publicly Traded Cannabis-Related Companies |
| Average ($U.S. millions) |
| Number of |
| Companies |
| Market |
| Value |
| Enterprise |
| Value |
| Cash |
| Debt |
| LTM |
| LTM |
| Revenue |
| EBITDA |
| Toronto Stock Exchange (TSX) |
| TSX Venture Exchange (TSXV) |
| Canadian Securities Exchange (CSE) |
| Canada |
| 6 |
| 20 |
| 41 |
| 67 |
| $1,361.5 |
| 131.5 |
| 72.6 |
| $210.6 |
| $1,311.4 |
| 123.9 |
| 72.0 |
| $203.3 |
| $71.0 |
| 10.8 |
| 2.0 |
| $11.1 |
| $20.8 |
| 3.3 |
| 1.4 |
| $3.8 |
| $26.6 |
| 1.2 |
| 1.8 |
| $4.0 |
| $0.8 |
| -3.5 |
| -2.8 |
| -$2.2 |
| Source: S&P Global Market Intelligence. Companies that are traded on more than one market are included in their primary market as determined by |
| S&P Global Market Intelligence, based on stock price history, trading volume and availability of estimates. Enterprise Value is defined as Market |
| Value plus Debt minus Cash and Cash Equivalents. LTM is Last Twelve Months. EBITDA is defined as Earnings Before Interest, Taxes, Depreciation |
| Stock Price Performance of Canadian |
| Publicly Traded Cannabis-Related Companies |
| The following chart shows the stock price performance of selected publicly traded cannabis-related |
| companies in Canada since September 30, 2016. The chart indicates that the stock price performance |
| of cannabis-related companies trading on Canadian markets received a boost from the announcement |
| of the proposed recreational cannabis legislation in Canada by Prime Minister Justin Trudeau and, |
| more recently, from Constellation Brands' investment in Canopy Growth. |
| © 2017 Ackrell Capital, LLC Member FINRA/SIPC |
| 127 |
| HOUSE_OVERSIGHT_024763 |
|
|
