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Cannabis Chart Of The Week: How Much Run Is Left In MSO Valuation Multiples?

The MSOS ETF (ARCA: MSOS) gained 69.4% between 8/25/23, five days before the blockbuster announcement of an HHS rescheduling recommendation to this past Friday, 9/8/23. Similarly, the EV/Next-Twelve-Month consensus EBITDA multiples for the group in the chart have increased by 27.5%.

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Columbia Care: Q2 Report Reveals Profits In East Coast Market But This Was Before Failed Sean Diddy Mega Merger

Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF) (FSE: 3LP) released its second quarter financial results for the three months ended June 30, 2023, revealing $129.2 million in revenue. That's a sequential increase of 3.8% and a 0.3% decrease from the same period last year.

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