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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Altria Group | United States of America | Tobacco | $61 | $125B | 6.2x | 9.9x |
| Constellation Brands | United States of America | Alcohol | $163 | $38.8B | 4.2x | 11.3x |
| Chart Industries | United States of America | Energy Equipment, Energy Storage, Machinery | $207 | $12.6B | 2.8x | 11.5x |
| ScottsMiracle-Gro | United States of America | Agriculture | $64 | $6.0B | 1.8x | 10.3x |
| Curaleaf | Canada | Cannabis | CAD 3 | $2.6B | 2.1x | 9.8x |
| Green Thumb Indus | Canada | Cannabis | CAD 11 | $2.1B | 1.8x | 6.4x |
| Trulieve | Canada | Cannabis | CAD 11 | $1.9B | 1.6x | 4.5x |
| Tilray Brands | United States of America | Cannabis | $9 | $1.0B | 1.2x | 17.3x |
| Cresco Labs | Canada | Cannabis | CAD 2 | $950M | 1.5x | 6.3x |
| Verano | Canada | Cannabis | CAD 2 | $876M | 1.1x | 3.9x |
| Cannae Holdings | United States of America | Restaurants & Nightlife | $16 | $790M | 1.9x | -5.2x |
| Glass House Brands | Canada | Cannabis | $9 | $747M | N/A | N/A |
| Ascend Wellness Holdings | Canada | Cannabis | $1 | $659M | N/A | N/A |
| Vireo Growth | Canada | Cannabis | CAD 1 | $632M | 2.5x | 9.0x |
| Ayr Wellness | Canada | Cannabis | CAD 0 | $593M | N/A | N/A |
| The Cannabist Company | Canada | Cannabis | CAD 0 | $447M | 1.4x | 19.7x |
| TerrAscend | Canada | Cannabis | CAD 1 | $442M | 1.7x | 6.8x |
| Canopy Growth | Canada | Cannabis, Health & Beauty | CAD 2 | $398M | 2.0x | -43.4x |
| Jushi Holdings | Canada | Cannabis | CAD 1 | $361M | 1.4x | 7.5x |
| SNDL | United States of America | Alcohol, Cannabis | $2 | $343M | 0.5x | 7.4x |
| Aurora Cannabis | Canada | Cannabis | CAD 6 | $241M | 0.9x | 5.8x |
| High Tide | Canada | Cannabis, Pharmacies | CAD 4 | $234M | 0.5x | 8.1x |
| iAnthus Capital | Canada | Cannabis, Drug Development & Therapeutics | CAD 0 | $227M | N/A | N/A |
| Ispire Technology | United States of America | Tobacco, Cannabis | $3 | $175M | 1.3x | -11.0x |
| Cronos Group | Canada | Cannabis | CAD 4 | $173M | 1.3x | -17.7x |
| Botanix Pharmaceuticals | Australia | Drug Development & Therapeutics, Biopharmaceuticals | AUD 0 | $149M | 9.0x | -3.7x |
| MariMed | United States of America | Cannabis, Drug Development & Therapeutics | $0 | $115M | 0.7x | 6.5x |
| Planet 13 Holdings | Canada | Cannabis | CAD 0 | $99.8M | 1.0x | -8.1x |
| Grown Rogue | Canada | Cannabis | CAD 1 | $97.4M | N/A | N/A |
| Intercure | United States of America | Drug Development & Therapeutics | $1 | $91.0M | N/A | N/A |
| WM Tech | United States of America | Cannabis, Vertical Marketplaces, Consumer Marketplaces, Food Delivery | $1 | $56.0M | 0.3x | 1.5x |
| Mira Pharmaceuticals | United States of America | Drug Development & Therapeutics | $1 | $54.7M | N/A | N/A |
| Incannex | United States of America | Drug Development & Therapeutics | $0 | $48.9M | 489.1x | -1.4x |
| Forian | United States of America | Healthcare Software | $2 | $37.4M | 1.2x | 36.5x |
| Anebulo Pharmaceuticals | United States of America | Drug Development & Therapeutics | $1 | $34.4M | N/A | N/A |
| SynBiotic | Germany | Nutraceuticals & Cosmeceuticals, Health & Beauty | €3 | $20.2M | 1.1x | -12.0x |
| CFN Enterprises | United States of America | Advertising & Marketing | $1 | $19.0M | N/A | N/A |
| Lexaria Bioscience | United States of America | Drug Delivery Systems | $1 | $15.2M | 20.8x | N/A |
| Bakhu Holdings | United States of America | Cannabis | $0 | $14.2M | N/A | N/A |
| Skye Bioscience | United States of America | Drug Development & Therapeutics | $1 | -$3.3M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of January 22, 2026. Financial data powered by Morningstar and FactSet.
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