Robinhood's Most Popular Marijuana Stocks Ranked 1 - 7. By Keith Speights, The Motley Fool
# 2. HEXO
HEXO (NYSE:HEXO) has delivered seven consecutive quarters of adjusted EBITDA improvement and reported positive adjusted EBITDA in its latest quarter. The company claims the No. 1 market share in Quebec's adult-use cannabis market as well as the leading national market share in Canada for cannabis beverages.
Truss, the joint venture formed by HEXO and Molson Coors, currently markets CBD beverages in the U.S. HEXO recently announced plans to open its first U.S. production facility through a wholly owned U.S. subsidiary. It's also in discussions with other consumer packaged goods companies about non-beverage partnerships.
HEXO sports one of the most attractive valuations among Canadian cannabis companies. Its shares trade at less than seven times trailing-12-month sales.
Come on now, let's get the share price up!