Best Value Marijuana Stocks on the Nasdaq These are the marijuana stocks trading on the Nasdaq exchange with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in the early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business’s value. A business with higher sales could eventually produce more profit when it achieves, or returns to, profitability. The P/S ratio shows how much you’re paying for the stock for each dollar of sales generated.
| Best Value Marijuana Stocks on the Nasdaq |
| | Price ($) | Market Cap ($B) | 12-Month Trailing P/S Ratio |
| HEXO Corp. (HEXO) | 1.71 | 0.5 | 2.3 |
| Hydrofarm Holdings Group Inc. (HYFM) | 34.89 | 1.5 | 2.6 |
| Village Farms International Inc. (VFF) | 7.81 | 0.7 | 2.7 |
HEXO Corp.: HEXO is a Canada-based, vertically integrated, consumer packaged goods cannabis company. The company offers both adult-use and medical cannabis. Its line of products include dried flower, marijuana powder, cannabis oil, and cannabis-infused beverages. In Oct. 2021, HEXO announced that co-founder and Chief Executive Officer (CEO) Sebastien St-Louis would be replaced by Scott Cooper, CEO of Truss Beverage Co., a joint venture of HEXO and Molson-Coors Canada. As Cooper begins his new role, he simultaneously will remain CEO of the joint venture for up to six months to ensure a smooth transition. Bloomberg reported that St-Louis had been forced to step down as CEO after an investor had alleged that HEXO "has not acted in the best interest of its shareholders" under his leadership.