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CCHWF - Columbia Care: Low Profitability Overshadows M&A Strategy
April, 06 2021 07:32 AM
Columbia Care Inc
Columbia Care reported Q4 2020 results which were bolstered by two acquisitions; another acquisition is expected to close in 2021. We have concerns over CC's lack of scale in each of its markets, and its low margin demonstrates unsatisfactory operational performance. We are Neutral on the stock due to its below-average profitability and concerns over its acquisition-driven growth strategy. For further details see:
Columbia Care: Low Profitability Overshadows M&A Strategy
Stock Information
Company Name:
Columbia Care Inc
Stock Symbol:
CCHWF
Market:
OTC
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