Following up on the theme we discussed in this weekend’s newsletter regarding our view that a “third wave” in cannabis investing has commenced, we published an extensive review of the past seven years and our outlook for what lies ahead at Seeking Alpha. If you aren’t familiar with Seeking... Read more
Cresco Labs Q1 Revenue Grows 29% Pro Forma from Q4 to $66.4 Million Record revenue of $66.4 million in Q1’20, 60% growth over Q4’19 revenue, 26% growth on the same asset base as net pro-forma Q4’19¹ Completed largest cultivation expansion in company history adding 6x cultivation space in Illinois... Read more
TerrAscend Reports First Quarter Net Sales of $34.8 Million and Adjusted EBITDA of $4.9 Million Net sales increased 34% quarter-over-quarter and 139% year-over-year Adjusted EBITDA of $4.9 million U.S. operations generated 25% adjusted EBITDA margin Anticipates Q2 2020 net sales of approximately $45 million, representing 30% quarter-over-quarter growth, with... Read more
In just two years, the number of specialty pet stores that carried Colorado-based Functional Remedies’ CBD products increased dramatically, going from 100 to 500 – underscoring the fast growth of a market that’s now reaching mass-market retailers like Petco and PetSmart. “More and more people are understanding how CBD... Read more
Exclusive Interview with Columbia Care Co-Founder, CEO and Director Nicholas Vita Columbia Care (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) is licensed in 18 U.S. states and has operations in Europe. In 2020, the company is gearing up to become profitable across its footprint. Co-Founder, CEO and Director Nicholas Vita... Read more
MedMen Reports Third Quarter Fiscal 2020 Financial Results – Designated News Release Third quarter revenue of $45.9 million, up 41% year over year Corporate SG&A decreased by 35% sequentially and 51% from the prior year period Strengthened balance sheet through combination of equity, debt and sale of non-core assets... Read more
For anyone left questioning whether marijuana reform has become a mainstream issue in American politics, look no further than the race for a key Senate seat in Colorado, where incumbent Sen. Cory Gardner (R-CO) and his main rival former Gov. John Hickenlooper (D) are each competing for the cannabis... Read more
For anyone left questioning whether marijuana reform has become a mainstream issue in American politics, look no further than the race for a key Senate seat in Colorado, where incumbent Sen. Cory Gardner (R-CO) and his main rival former Gov. John Hickenlooper (D) are each competing for the cannabis... Read more
For anyone left questioning whether marijuana reform has become a mainstream issue in American politics, look no further than the race for a key Senate seat in Colorado, where incumbent Sen. Cory Gardner (R-CO) and his main rival former Gov. John Hickenlooper (D) are each competing for the cannabis... Read more
A cannabis dispensary in Sonoma County, California is taking summertime entertaining to a new level with the launch of Cannabis Beverage Week, a virtual event designed to showcase libations infused with cannabinoids. The festivities, held online in respect of the state’s continuing stay-at-home order issued to help stem the... Read more
