TerrAscend: Continue Avoiding This MSO
TerrAscend reported strong Q1 results with very impressive adjusted EBITDA margins of 42%. The company is highly focused on branded wholesale products leading to strong margins. The stock trades at an expensive 12x '21 sales targets due to the contingent equity stake of Canopy Growth. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio. Learn More » Read the full article on Seeking Alpha. Disclosure: No position mentioned. Please review the disclaimer page for more details.