Canada’s cannabis companies are experiencing a rush of investment that’s making even some participants paranoid. Based out of Smith Falls, Ontario, Canopy Growth is a diversified global cannabis company, offering diverse brands and cannabis products. Canopy Growth Corporation commenced trading on Toronto Stock Exchange in 2016. ( Hand-out / TMX Group Limited )Tilray Inc., a marijuana company valued at nearly $9 billion, currently trades at a price-to-sales ratio of about 124. Canadian companies, such as Canopy, Tilray, Aurora Cannabis Inc. and Aphria Inc., are leading the way.

Source: thestar September 12, 2018 17:48 UTC