Major Canadian cannabis producers, including Cronos Group, MediPharm Labs and OrganiGram, announced third-quarter earnings this week. Stock moves following the reports were surprising. Pot stock guru Anthony Planas updated his exclusive Green Flag Index, which gives you the advantage you need in this sector.
This week, Canadian cannabis companies reported third-quarter earnings. The results — and stocks’ reactions — were surprising.
Here in the office, when any of us have a question about pot stocks, Anthony Planas is the first person we ask.
Anthony is so tuned in to the sector, he created an index to help us identify the best (and worst) marijuana companies at any given moment. Read on for the latest update on the index.
He also records a free YouTube video every week — even a couple of weeks ago, when he was on vacation in Hawaii! — where he discusses breaking news in the industry.
If you missed Anthony’s free Marijuana Markets video on Thursday, check it out now!
He covered earnings reports from Canadian cannabis producers including Cronos, the world’s largest cannabis company.
These heavy hitters’ reports are important for cannabis investors because they tell us the direction we can expect the sector to take.
You can see the news he covered in the snapshots below — but be sure to watch Anthony’s video for his take on all three companies’ earnings.
Now, I want to share more about Anthony’s Green Flag Index.
No other company in the world has this index. If you’re interested in profiting from the pot market, you need to pay attention. It’s the key to getting far ahead of the crowd.
What the Green Flag Index Tells Us
Anthony dubbed his proprietary metric the Green Flag Index.
It measures what we’d pay for a company based on how much product it sells — measured in kilograms produced and average price per gram.
By knowing the value of each company — which is the cheapest and which is the most expensive — we go a long way toward identifying the best investments.
The other crucial piece is Anthony’s top-notch analysis. He blended each company’s current and future production to create this index.
The higher the rating, the more you pay for shares of that producer.
After this latest batch of earnings, I asked Anthony to give us an update. (You can see his update, from