4 Canadian Marijuana Stocks in Great Financial Health

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4 Canadian Marijuana Stocks in Great Financial Health

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Identifying companies in great financial health is important when investing in an industry like marijuana. Most companies in the industry operate at a loss, meaning their book value deteriorates year after year and their cash position bleeds, impeding their ability to meet obligations. Companies in good financial health do not experience many of these problems. That being said, the Canadian marijuana stocks on our list all have current ratios of at least 10x, and debt to equity ratios under 20%.

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