Mystic Holdings, Inc. (MSTH)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Mystic Holdings, Inc. (MSTH) trades at $0.00 with AI Score 55/100 (Grade B). Mystic Holdings, Inc. cultivates, produces, and wholesales medical and recreational cannabis in Nevada. Market cap: $127,634, Sector: Healthcare.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for MSTH: MSTH does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MSTH against Healthcare peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
MSTH: 2/6 perspectives are bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →Mystic Holdings, Inc. (MSTH) Healthcare & Pipeline Overview
Mystic Holdings, Inc. focuses on the cultivation, production, and distribution of cannabis products in Nevada's medical and recreational markets. The company operates under the Qualcan, Lush, and Cosmic brands, offering a variety of cannabis flowers, edibles, concentrates, and vape products, while also running retail dispensaries and providing branding consulting services.
What Is the Investment Thesis for MSTH?
Mystic Holdings, Inc. presents a speculative investment opportunity within the cannabis sector, characterized by high growth potential and significant regulatory uncertainty. With a negative P/E ratio of -0.40 and a negative profit margin of -27.1%, the company's financial performance indicates it is currently not profitable. The gross margin of 58.5% suggests potential for profitability as the company scales its operations and improves efficiency. The company's beta of -0.12 suggests low volatility relative to the market. Key growth catalysts include expansion within the Nevada market and potential entry into new markets as regulations evolve. Investors should carefully consider the risks associated with the cannabis industry, including regulatory changes, competition, and access to capital.
Based on FMP financials and quantitative analysis
MSTH Key Highlights
- Gross Margin of 58.5% indicates strong potential for profitability as operations scale.
- Negative P/E ratio of -0.40 reflects current lack of profitability.
- Profit Margin of -27.1% highlights the need for improved cost management and revenue growth.
- The company operates two recreational/medical retail dispensaries, providing direct access to consumers.
- Beta of -0.12 suggests lower volatility compared to the overall market.
Who Are MSTH's Competitors?
MSTH is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ALVO Alvotech | $3.51 | -2.77% | $1.19B | 69 |
| AERI Aerie Pharmaceuticals, Inc. | $15.25 | +0.00% | 68 | |
| KIN Kindred Biosciences, Inc. | $9.25 | +0.11% | 68 | |
| CNVCF BioHarvest Sciences Inc. | $6.30 | +0.00% | $109.16M | 66 |
| ALIM Alimera Sciences, Inc. | $5.54 | -0.18% | $301.29M | 60 |
| EGRX Eagle Pharmaceuticals, Inc. | $0.67 | +0.00% | $8.82M | 60 |
| ADMP Adamis Pharmaceuticals Corporation | $0.78 | +0.85% | $7.25M | 61 |
| DCPH Deciphera Pharmaceuticals | $25.59 | +0.08% | $2.21B | 61 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MSTH's Key Strengths?
- Vertically integrated operations.
- Established brands.
- Retail presence.
- Expertise in cannabis cultivation.
What Are MSTH's Weaknesses?
- Limited geographic focus (Nevada).
- Negative profitability.
- Reliance on a single market.
- Small employee base.
What Could Drive MSTH Stock Higher?
- Potential changes in federal cannabis regulations could create new market opportunities.
- Expansion of retail operations within Nevada.
- Development and launch of new cannabis products.
- Strategic partnerships with other cannabis companies.
- Increased brand awareness through marketing efforts.
What Are the Key Risks for MSTH?
- Financial-distress signal — its Altman Z-Score of -1.05 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-35.2%) — the business is not currently generating profit on shareholder capital.
- Regulatory changes could negatively impact the company's operations.
- Intense competition in the cannabis market.
- Fluctuations in cannabis prices could affect revenue and profitability.
- Limited access to capital could hinder growth plans.
- Dependence on the Nevada market exposes the company to regional economic risks.
What Are the Growth Opportunities for MSTH?
- Expansion within Nevada: Mystic Holdings can expand its market share within Nevada by opening additional dispensaries and increasing its production capacity. The Nevada cannabis market is projected to reach $1 billion in sales by 2027, providing a significant growth opportunity for the company. Timeline: Ongoing.
- Product Innovation: Developing new and innovative cannabis products, such as infused beverages, concentrates, and topicals, can attract new customers and increase revenue. The market for cannabis-infused products is growing rapidly, driven by consumer demand for alternative consumption methods. Timeline: Ongoing.
- Strategic Partnerships: Forming strategic partnerships with other cannabis companies, such as cultivators, processors, and retailers, can expand Mystic Holdings' reach and improve its efficiency. Partnerships can provide access to new markets, technologies, and expertise. Timeline: Ongoing.
- Branding and Marketing: Investing in branding and marketing efforts can increase brand awareness and customer loyalty. A strong brand can differentiate Mystic Holdings from its competitors and command premium prices. Timeline: Ongoing.
- Regulatory Changes: Changes in cannabis regulations, such as federal legalization, could create new opportunities for Mystic Holdings. Federal legalization would expand the company's market reach and reduce regulatory burdens. Timeline: Upcoming.
What Opportunities Does MSTH Have?
- Expansion into new markets.
- Product innovation.
- Strategic partnerships.
- Changes in cannabis regulations.
What Threats Does MSTH Face?
- Intense competition.
- Regulatory uncertainty.
- Fluctuations in cannabis prices.
- Limited access to capital.
What Are MSTH's Competitive Advantages?
- Vertically integrated operations, encompassing cultivation, production, and retail.
- Established brands, including Qualcan, Lush, and Cosmic.
- Retail presence through company-owned dispensaries.
- Expertise in cannabis cultivation and production.
What Does MSTH Do?
Founded in 2014 and based in Las Vegas, Nevada, Mystic Holdings, Inc. operates within the rapidly evolving cannabis industry. The company cultivates, produces, and wholesales medical and recreational cannabis through its subsidiaries, primarily serving the Nevada market. Mystic Holdings offers a diverse product line, including cannabis flowers, edibles (gummies, brownie bites, cookies, caramels, rice crispies, and chocolate chip bars), concentrates and oils, pre-rolls, and vape products. These products are marketed under the Qualcan, Lush, and Cosmic brands, targeting both medical patients and recreational users. In addition to its cultivation and production activities, Mystic Holdings operates two recreational/medical retail dispensaries, providing direct access to consumers. The company also extends its services to third-party cannabis businesses by offering branding consulting. Mystic Holdings serves state-licensed dispensaries, ensuring compliance with local regulations. The company's vertically integrated business model, encompassing cultivation, production, retail, and branding, positions it to capitalize on the growing demand for cannabis products in Nevada.
What Products and Services Does MSTH Offer?
- Cultivates medical and recreational cannabis.
- Produces cannabis flowers.
- Manufactures cannabis edibles, including gummies and baked goods.
- Creates cannabis concentrates and oils.
- Produces pre-rolls and small bud batches.
- Offers cannabis vape products.
- Operates recreational/medical retail dispensaries.
- Provides branding consulting services for third-party cannabis products.
How Does MSTH Make Money?
- Cultivation and production of cannabis products.
- Wholesale distribution to state-licensed dispensaries.
- Retail sales through company-owned dispensaries.
- Branding consulting services for other cannabis companies.
What Industry Does MSTH Operate In?
Mystic Holdings operates in the Drug Manufacturers - Specialty & Generic industry, specifically within the cannabis sector. The cannabis market is experiencing rapid growth, driven by increasing legalization and changing consumer attitudes. However, the industry remains highly regulated and competitive. Key competitors include companies like ALID (Allied Corp), APPB (AppTech Payments Corp), BMMJ (Better Management Corporation), CBDY (CBD of Denver, Inc.), and CPMD (CBD Products Group, Inc.). Mystic Holdings' success depends on its ability to navigate the regulatory landscape, differentiate its products, and build a strong brand presence.
Who Are MSTH's Key Customers?
- State-licensed dispensaries in Nevada.
- Medical cannabis patients in Nevada.
- Recreational cannabis users in Nevada.
Company Profile
Mystic Holdings, Inc. operates in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector. It is headquartered in Las Vegas, US. The company is led by CEO Lorenzo Barracco. MSTH has traded publicly since 2022.
Mystic Holdings, Inc. (MSTH) Valuation Context
Valued at 128K, MSTH is classified as a micro-cap stock. Relative to its peer group, MSTH's quantitative score of 55/100 is below the peer average of 66/100.
ROE -35%Key Financial Metrics
Return on equity for Mystic Holdings, Inc. stands at -35.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -16.5%, showing how much profit it generates from its asset base. A current ratio of 0.41 means current liabilities exceed short-term assets, a liquidity point worth watching.
F-Score 4/9Financial Health
Mystic Holdings, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -1.05 places it in the distress zone, a signal of elevated financial risk.
MSTH Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Vertically integrated operations.
- Established brands.
- Retail presence.
- Expertise in cannabis cultivation.
Bear Case
- Limited geographic focus (Nevada).
- Negative profitability.
- Reliance on a single market.
- Small employee base.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
MSTH Latest News
No recent news available for MSTH.
MSTH Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MSTH.
Price Targets
Wall Street price target analysis for MSTH.
MSTH MoonshotScore
What does this score mean?
The MoonshotScore rates MSTH's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Lorenzo Barracco
CEO
Lorenzo Barracco is the CEO of Mystic Holdings, Inc. His background includes experience in managing and scaling businesses, with a focus on operational efficiency and strategic growth. He has a track record of successfully launching new products and expanding market share in competitive industries. His leadership is focused on driving innovation and building a strong company culture.
Track Record: Under Lorenzo Barracco's leadership, Mystic Holdings has expanded its product line and increased its retail presence in Nevada. He has overseen the development of new cultivation techniques and the implementation of cost-saving measures. Key milestones include the launch of the Cosmic brand and the opening of two retail dispensaries.
MSTH OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Mystic Holdings may not meet the minimum financial standards or disclosure requirements of the higher tiers (OTCQX and OTCQB) or major exchanges like NYSE or NASDAQ. Companies in this tier may have limited financial reporting, potentially increasing investment risk due to less transparency. These companies are often smaller, less established, and may have a shorter operating history compared to those listed on senior exchanges. The OTC Other tier carries the highest level of risk among OTC-traded securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: Unknown disclosure status increases risk due to potential lack of transparency.
- Low Liquidity: Limited trading volume can lead to price volatility and difficulty in executing trades.
- Regulatory Uncertainty: The cannabis industry is subject to evolving regulations, which can impact the company's operations and financial performance.
- Competition: The cannabis market is highly competitive, with numerous companies vying for market share.
- Access to Capital: OTC-listed companies may face challenges in raising capital compared to those listed on major exchanges.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their experience.
- Assess the company's competitive position in the cannabis market.
- Evaluate the regulatory risks associated with the company's operations.
- Review the company's capitalization structure and debt levels.
- Analyze the company's cash flow and liquidity position.
- Confirm the company's compliance with state and local regulations.
- Operation of retail dispensaries in Nevada.
- Established brands (Qualcan, Lush, Cosmic).
- Vertical integration of cultivation, production, and retail.
- CEO with management experience.
- Gross margin of 58.5% indicates potential for profitability.
Common Questions About MSTH (Healthcare)
What does Mystic Holdings, Inc. do?
Mystic Holdings, Inc. cultivates, produces, and distributes medical and recreational cannabis products in Nevada. The company operates under the Qualcan, Lush, and Cosmic brands, offering a variety of cannabis flowers, edibles, concentrates, and vape products. In addition to its cultivation and production activities, Mystic Holdings operates two recreational/medical retail dispensaries, providing direct access to consumers. The company also offers branding consulting services for third-party cannabis businesses, creating a vertically integrated business model.
What are the main risks for MSTH?
The main risks for Mystic Holdings, Inc. include regulatory uncertainty, intense competition, fluctuations in cannabis prices, and limited access to capital. Changes in cannabis regulations could negatively impact the company's operations and financial performance. The cannabis market is highly competitive, with numerous companies vying for market share. Fluctuations in cannabis prices could affect revenue and profitability. Limited access to capital could hinder the company's growth plans. Additionally, the company's dependence on the Nevada market exposes it to regional economic risks.
How does Mystic Holdings, Inc. navigate regulatory approval processes?
As a cannabis company operating in Nevada, Mystic Holdings, Inc. must comply with state and local regulations governing the cultivation, production, and sale of cannabis products. This includes obtaining licenses and permits for its cultivation facilities, production facilities, and retail dispensaries. The company must also adhere to strict quality control standards and testing requirements to ensure the safety and purity of its products. Mystic Holdings' compliance strategy involves maintaining close relationships with regulatory agencies and staying informed about changes in regulations. The company also invests in training and education for its employees to ensure compliance with all applicable laws and regulations.
What are the key growth opportunities for MSTH in healthcare?
Mystic Holdings, Inc.'s key growth opportunities in healthcare lie in expanding its product offerings to cater to medical cannabis patients and developing strategic partnerships with healthcare providers. The company can focus on developing cannabis-based products that address specific medical conditions, such as chronic pain, anxiety, and insomnia. By partnering with healthcare providers, Mystic Holdings can increase awareness of its products and provide patients with access to medical cannabis. Additionally, the company can explore opportunities to participate in clinical trials and research studies to further validate the therapeutic benefits of its products.
What are the key factors to evaluate for MSTH?
Mystic Holdings, Inc. (MSTH) holds an AI score of 55/100 (moderate). Not financial advice.
How frequently does MSTH data refresh on this page?
MSTH prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven MSTH's recent stock price performance?
Mystic Holdings, Inc. (MSTH) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Vertically integrated operations. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MSTH overvalued or undervalued right now?
Valuing Mystic Holdings, Inc. (MSTH) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is limited and may not be fully up-to-date.
- OTC market data may be less reliable than data from major exchanges.
- AI analysis is pending and may provide additional insights.