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Viridian Chart Of The Week: How Capital Intensive Is Cannabis?

Benzinga ·  Aug 28, 2023 13:10

The chart explores the capital intensity of cannabis compared to four other industries thought to be likely suitors for cannabis companies upon federal legalization: Tobacco, Alcoholic Beverages, Pharmaceuticals, and Consumer Products.

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In the chart, the cannabis group comprises the nine MSOs with market caps over $100M.

Tobacco includes British American Tobacco (NYSE:BTI), Altria (NYSE:MO), Phillip Morris International (NYSE:PM), and Japan Tobacco (OTC:JAPAF).

Alcoholic Beverages include ABEV (NYSE:ABEV), Brown-Forman (NYSE: BF-B), Constellation Brands (NYSE:STZ), Diageo (NYSE:DEO), and Molson Coors (NYSE:TAP).

Pharmaceuticals include Johnson & Johnson (NYSE:JNJ), Pfizer (NYSE:PFE), Merck & CO. (NYSE...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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