Public Comps and Valuation Multiples for Cannabis

Benchmark revenue and EBITDA valuation multiples for public comps like
Curaleaf, Trulieve Cannabis, Green Thumb Industries, Cronos Group and Glass House Brands.

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Viewing 25 of 53 companies with full data

Company	Market Cap	Enterprise Value	LTM Revenue	EV/LTM Revenue	EV/LTM EBITDA
Curaleaf	$2.4B	$3.2B	$1.3B	2.4x	11.6x
Trulieve Cannabis	$1.7B	$2B	$1.1B	1.8x	5.2x
Green Thumb Industries	$1.5B	$1.7B	$1.2B	1.5x	5.2x
Cronos Group	$1B	$211M	$174M	1.2x	13.8x
Glass House Brands	$934M	$1.1B	$199M	5.4x	41.1x
Tilray Brands	$531M	$628M	$909M	0.7x	9.9x
Vireo Growth	$477M	$757M	$488M	1.6x	5.8x
Verano Holdings	$420M	$842M	-	-	-
Canopy Growth	$398M	$338M	$217M	1.6x	(31.2x)
SNDL	$334M	$300M	$674M	0.4x	6.3x
Cresco Labs	$274M	$828M	$655M	1.3x	5.5x
High Tide	$195M	$280M	$498M	0.6x	7.7x
TerrAscend	$166M	$380M	-	-	-
Aurora Cannabis	$161M	$96M	$223M	0.4x	3.1x
Cannara Biotech	$135M	$146M	$87M	1.7x	6.5x
Organigram Global	$124M	$126M	$231M	0.5x	7.9x
Grown Rogue International	$109M	$123M	-	-	-
Ispire Technology	$100M	$87M	$95M	0.9x	96.2x
Jushi Holdings	$89M	$350M	$267M	1.3x	7.0x
Ascend Wellness Holdings	$85M	$655M	$492M	1.3x	5.8x
Planet 13	$44M	$92M	$96M	1.0x	(16.4x)
Little Green Pharma	$44M	$46M	$43M	1.1x	8.6x
WM Tech	$42M	$11M	$170M	0.1x	0.4x
MariMed	$26M	$110M	$160M	0.7x	6.7x
iAnthus Capital Holdings	$25M	$246M	-	-	-
Peak Processing	$17M		-
Vitura Health	$14M		-
Humanoid Global Holdings	$12M		-
SynBiotic	$10M		-
HYTN Innovations	$9M		-
Weed	$4M		-
Ayr Wellness	$2M		-
Neon Bloom	$1M		-
Dogecoin Cash	$1M		-
Aion Therapeutic	$994K		-
Pharmadrug	$956K		-
RAMM Pharma	$851K		-
Ubiquitech Software	$636K		-
Grow Solutions Holdings	$461K		-
Lift	$282K		-
1606	$201K		-
Bakhu Holdings	$151K		-
Digicann Ventures	$86K		-
Pineapple	$51K		-
The Cannabist Company	$50K		-
Bhang	$23K		-
ManifestSeven Holdings	$15K		-
Agritek Holdings	$6K		-
Sonder Holdings	$1K		-
Medicine Man Technologies	$1K		-
Thoughtful Brands	$0K		-
Clever Leaves Holdings	$0K		-
Cannabotech	-		-