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Massachusetts Slaps Big Cannabis With $165K Fines For Safety Failures
Sunday, October 13, 2024 - 3:16pm | 525Massachusetts cannabis regulators have fined two prominent companies, Ascend Wellness Holdings (CSE:AAWH) (OTC:AAWH) and Curaleaf Holdings (TSX:CURA) (OTC:CURLF), for violations related to consumer safety practices. The fines, totaling $165,000, were issued after both companies self-reported the...
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High Capex, High Rewards: Analyst Looks At Cannabis MSOs' Strategies
Wednesday, October 18, 2023 - 3:16pm | 1244As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...
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MSO Financial Health: Debt Restructuring Vs. Equity Raises – Analyst Digs Into Spreadsheets
Thursday, September 21, 2023 - 10:55am | 1158The recent equity raises by Canopy Growth (NASDAQ: CGC) and Columbia Care (OTC: CCHWF) have sparked curiosity about which multi-state operators (MSOs) may follow suit. In its latest report, Zuanic & Associates (Z&A) delves into the financial net debt metrics of 20 MSOs to identify potential...
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Positive Cash Flow Marks Significant Milestone For This Multi-State Cannabis Operator
Wednesday, May 10, 2023 - 11:23am | 406Ascend Wellness Holdings, Inc. (OTC: AAWH), a vertically integrated, multi-state cannabis operator, reported record-breaking quarterly revenue of $114.2 million for Q1 2023, a 34.2% YoY increase, and a 1.9% QoQ increase. Gross revenue hit $141.2 million, up 39.5% YoY. Positive cash flow was...
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Praetorian Global Teams Up With Ascend Wellness In Multi-State Cannabis Brand Partnership
Sunday, May 7, 2023 - 11:19am | 388Praetorian Global, Inc., a prominent brand owner and intellectual property provider in the cannabis and hemp industry, has signed licensing agreements with Ascend Wellness Holdings Inc. (CSE: AAWH.U) (OTCQX: AAWH), a multi-state cannabis operator. "With one of the strongest management teams in...