Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Based in Las Vegas, Nevada, Mystic Holdings, Inc. functions as a comprehensive cannabis enterprise. Through its various subsidiaries, the company is involved in the cultivation, production, and wholesale distribution of both medical and recreational cannabis products across Nevada. Its diverse product line features raw cannabis flower, a wide array of edibles including gummies, brownie bites, cookies, caramels, rice crispies, and chocolate chip bars, alongside concentrates, oils, pre-rolled joints, small-batch buds, and cannabis vape offerings. These products are marketed under the Qualcan, Lush, and Cosmic brands. In addition to supplying state-licensed dispensaries, Mystic Holdings operates two of its own retail dispensaries catering to recreational and medical users and provides branding consultation for external cannabis products. The company was founded in 2014.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is undervalued on P/FCF.