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A Road Map to Canadian Pot-Stock Earnings

  • Watch expenses, average selling price, cost of production
  • Executive commentary about recreational sales will be key
Employees tend to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta.

Employees tend to marijuana plants at the Aurora Cannabis Inc. facility in Edmonton, Alberta.

Photographer: Jason Franson/Bloomberg

Four of Canada’s largest pot companies report earnings next week and while it’s too early for any post-legalization numbers, executive commentary should begin to divide the winners from the losers.

Aurora Cannabis Inc. will report pre-market Monday, followed by Cronos Group Inc. on Tuesday morning, Tilray Inc. post-market Tuesday and Canopy Growth Corp. on Wednesday morning. It will be the first chance for many analysts and investors to hear from executives since Canada legalized recreational cannabis use on Oct. 17, a move that was immediately followed by supply shortages across the country.