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Canopy Growth, Aurora And Another Cannabis Giant Unveil Product Innovations, Here's What's New
November 20, 2024
Cannabis company Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) is launching the award-winning California-grown Claybourne brand in Canada, via an exclusive licensing agreement. Canadian medical...
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Viridian Chart Of The Week: A Different Perspective On Valuing Distressed Cannabis Equities – Option Based Valuation
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Analysts have a range of choices when valuing cannabis companies. Viridian commonly uses Discounted Cash Flow Analysis, Public Company Comparables, and M&A Precedent Transactions to value both small...
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Can Trump's Return Save The Cannabis Sector? Debt Mounts As Giants Face Post-Election Reckoning
November 18, 2024
The post-election landscape raises uncertainty for cannabis MSOs, with investors hoping for potential relief from the new administration.
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Cannabist, COAST Team Up To Launch Premium Edibles In Two States
November 13, 2024
Cannabist partners with COAST Cannabis to launch artisan chocolates and gummies in Maryland and New Jersey, expanding edibles market reach.
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Cannabis Stocks Plunged After Florida Legalization Failed: Rational Reaction Or Market Overreach?
November 08, 2024
Florida's failed adult-use cannabis vote led to a $2.6B loss in market cap. Was the market reaction justified? Earnings data adds uncertainty.
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The Cannabist Co. Q3 Revenue Declines 8%, Completes $5M Asset Sale, Exits Florida Market Amid Restructuring
November 07, 2024
The Cannabist Company's Q3 2024 results reflect revenue impact from asset sales and strategic shifts; completes $5M Florida asset sale
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M&A Frenzy And Deflation Post-Election: Which Companies Are Ready To Win Big In Florida's Cannabis Market
October 26, 2024
November's election could bring significant growth opportunities—or intensified competition for cannabis companies in the Florida market.
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Is Colorado's Cannabis Market Back On Track? A 5% Sales Boost Says Yes
October 14, 2024
The Colorado Department of Revenue reported 673 cannabis dispensaries by the end of August, with an average revenue of $162,000 per store.
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EXCLUSIVE: Cannabis Companies Must 'Get More Juice From The Same Squeeze,' Says Cresco Labs CEO As Challenges Persist
October 09, 2024
Charlie Bachtell, CEO of Cresco Labs, discusses the challenges of balancing scale, productivity, and margins in the cannabis industry.
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Lender Expresses Concern Over Cannabist Company's 'Pray And Hope' Approach
October 04, 2024
FiSai criticizes The Cannabist's financial mismanagement and heavy debt load, raising concerns about its financial situation...
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Chicago Cannabis Giant Verano To Report Quarterly Financial Results Post Major Acquisition
October 04, 2024
Multi-state cannabis company Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) will release financial results for the third quarter ended Sept. 30, 2024, before the market opens on Thursday, Nov. 7,...
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Chart Of The Week: Cannabis Credit Markets Are Hot Across the Credit Quality Spectrum
September 16, 2024
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Benzinga
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NY Cannabis Giant The Cannabist Strengthens Presence In East Coast Market Via Brand Debut
September 11, 2024
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Ohio's Cannabis Sales Reach $44M As New Customers Just Keep Coming And Demand Is Not Slowing
September 05, 2024
Ohio recreational marijuana sales soar past $44M as demand remains high. Columbus dispensaries see strong growth, with no slowdown in sight.
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Cannabis Joint Venture Secures Major Florida Deal Amid Trump Endorsement Of Marijuana Legalization
September 03, 2024
Private multi-state operators MINT Cannabis and Shango announced on Tuesday they have entered into a definitive agreement to acquire all membership interests in The Cannabist Company Holdings Inc.'s...
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Leading US Cannabis Operator Gets Buy Rating Amid Strategic Divestment And Growth Initiative
August 26, 2024
Canaccord Genuity gives Cannabist Company Holdings a Buy rating. Discover how strategic divestments support their growth. Read now!
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$16.4M Asset Sale Marks The Cannabist Company's Florida Exit In Streamlining Effort
August 23, 2024
The Cannabist Company Holdings Inc. (OTCQX: CBSTF) (FSE: 3LP) announced on Friday that it has entered into a definitive agreement with a leading multistate operator to acquire the 40,000-square-foot...
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Arizona Cannabis Market Faces Decline In Sales Though Valuations Remain Strong
August 22, 2024
Arizona's cannabis market faces declining sales and increasing competition, yet asset valuations remain strong. Discover the market dynamics at play in this evolving industry.
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Cannabis Co. Verano Completes $105M Acquisition Of Arizona, Virginia Operations From Leading US Operator
August 22, 2024
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Cannabis Chart Of The Week: Which Leverage Metric Should Investors Keep A Close Eye On?
August 19, 2024
The cannabis credit markets have come back to life with several major refinancings, including Ascend (OTC: AAWH), TerrAscend (OTC: TSNDF), and Jushi (OTC: JUSHF).
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New York's Cannabist Co. Brings New Cannabis Infused Products To Maryland's Billion-Dollar Weed Market
August 16, 2024
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) announced the debut of the minority-owned baked goods and infused edibles company, ButACake in Maryland. The expansion of...
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New York's The Cannabist Company: Q2 Revenue Declines 3% YoY, Reduces Net Loss As It 'Strives To Build A Better Business'
August 08, 2024
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Verano Holdings Q2 $222M Revenue In Line QoQ, Net Loss Widens To $22M Ahead of Cannabist Co. Acquisition
August 07, 2024
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$105M Deal: Verano To Acquire Cannabist Co.'s Operations In Virginia And Arizona
July 29, 2024
Verano acquires The Cannabist Co.'s Virginia and Arizona operations, expanding its cannabis footprint to 14 states with 150 dispensaries.
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Benzinga
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Cannabis Is Flying Off The Shelves In These Five States, Earning Billions For Marijuana Companies
July 22, 2024
The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in sales for the...
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Growing East Coast Cannabis Markets See New Product Launches By Old Pal
July 19, 2024
The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP), formerly Columbia Care, announced on Thursday the expansion of its partnership with a lifestyle cannabis brand Old Pal...
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Massachusetts Cannabis Sales Decline Slightly In June, Despite Annual Quarterly Growth
July 08, 2024
Explore Massachusetts' cannabis market trends in June: sales dynamics, category performance, and major players' impact. Read now!
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7 Cannabis Stocks to Sell in July Before They Crash & Burn
July 04, 2024
With marijuana still facing legalization limbo, it's high time to bail on these seven cannabis stocks to sell.
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Cannabis Chart Of The Week: Is Financial Strength Related To YTD Stock Performance?
June 24, 2024
The Viridian Chart of the Week explores the relationship between financial strength and YTD stock performance.
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Here's Where To Buy Legal Weed: New Cannabis Shop In Times Square And More Retail Updates From Six States, Beyond Borders
June 21, 2024
The New York Cannabis Control Board officially approved home cultivation rules for residents in June, allowing those 21 and older to grow their weed at home, by specific plant count limits. ILGM (I...
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