2 Cannabis Stocks Producing an Actual Operating Profit
Since the beginning of the year, the poor performance of the Canadian marijuana sector has foiled many investors' expectations. In the face of constant oversupply, inventory writedowns, and shrinking margins, cannabis companies have had no choice but to convert stock to cash in order to make up for their operating losses.
In a world of debt-ridden and cash-poor cannabis companies, those that can turn investors' cash into a positive bottom line are in high demand. Two companies, Green Thumb Industries (OTC: GTBIF) and Village Farms International (NASDAQ: VFF), are receiving a lot of attention for their ability to do just that. The former's profitability has been soaring while the latter is just on the verge of breaking even. Let's take a look at why their stocks are enticing opportunities.
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Source Fool.com
