When Will the Big Canadian Cannabis Producers Become Profitable?
You'll hear most of the big Canadian cannabis producers talk a lot about revenue growth. However, it's a different story when it comes to profits. In most cases, any reported profit for one of the five biggest Canadian producers will come with an asterisk: a paper profit fueled by a one-time gain rather than true operating profitability.
Sooner or later, though, the top marijuana companies will have to achieve profitability or fade away. Here are the most likely time frames for Aphria (NYSE: APHA), Aurora Cannabis (NYSE: ACB), Canopy Growth (NYSE: CGC), Cronos Group (NASDAQ: CRON), and Tilray (NASDAQ: TLRY) to operate in the black.
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Source Fool.com
