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Cannabis Industry's Rapid Growth Led To Oversupply, Similar To Other Industries; Now, We Adjust - Curaleaf CIO
Monday, August 21, 2023 - 10:39am | 637"Think back to really any cyclical industry or any consumer-driven industry where there are moments of excess and growth and contraction of that growth," Camilo Lyon, chief investment officer at Curaleaf Holdings Inc (OTCQX: CURLF), began his talk at the recent Benzinga Cannabis...
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EXCLUSIVE: Cannabis Industry Optimization Takes Center Stage As Hyper Growth Slows
Wednesday, April 12, 2023 - 10:50am | 841Cannabis is "not a one-year thing," it's a "multi-decade growth opportunity," Aaron Grey, head of consumer research at A.G.P./Alliance Global Partners, told a full room of attendees gathered at the Benzinga Cannabis Capital Conference on Tuesday in Miami Beach...
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Marijuana REIT Innovative Industrial Properties Expands Partnership With Curaleaf
Friday, September 2, 2022 - 8:05am | 506Innovative Industrial Properties, Inc. (NYSE: IIPR) closed on the acquisition of a property comprising approximately 104,000 square feet of industrial space in Webster, Massachusetts. The purchase price for the property was $21.5 million, which is fully built out and operational as a regulated...
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As Curaleaf Taps Ex Jushi & Clever Leaves Executives Other Big Cannabis Players Also Make Key Leadership Changes
Tuesday, August 9, 2022 - 8:44am | 1270As Benzinga Cannabis Capital Conference returns on September 13-14 to Chicago, gathering top CEOs, investors and leaders in the industry, let's scroll through the latest leadership changes within the space. Curaleaf Advances Executive Leadership Team With Three Key Hires ...
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Curaleaf Reports Second Quarter 2022 Results, Chairman Boris Jordan Says Fundamentals Are Strong
Monday, August 8, 2022 - 7:32pm | 882Recently, Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) reported its financial and operating results for the second quarter, ended June 30, 2022. "Our record-breaking second quarter got off to a great start with the launch of adult use in New Jersey and a historic 4/20," said...
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Executives Are Fleeing Competitors To Join Curaleaf
Monday, August 8, 2022 - 9:28am | 579Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) has revealed three new hires are joining the company's executive leadership team this month. Ed Kremer will join as chief financial officer, Camilo Lyon was named chief investment officer, and Mitch Hara will be chief strategy officer, a new...
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Cannabis Stocks Still Down As Federal Legalization Drags On: Will The SAFE Act Rescue Them, Or Something Else?
Monday, May 2, 2022 - 11:36am | 1224There’s no doubt that important changes in the cannabis industry, such as legalization efforts, directly impact weed stocks. On the news of possible federal legalization, marijuana stocks usually trade higher. However, with so many delays and industry experts opining that ...
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Under Armour Analysts On Q3: 'All-Clear Signal Is Far From Here'
Monday, November 2, 2020 - 1:06pm | 671Under Armour Inc (NYSE: UAA)(NYSE: UA) shares were trading higher Monday after the company reported better-than-expected third-quarter earnings last week — and said its full-year numbers won’t be as bad as previously feared. Under Armour reported third-quarter adjusted EPS of 26 cents...
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Nike Analysts Bullish Following Earnings Beat: 'Long-Awaited, Structurally Higher Margins'
Wednesday, September 23, 2020 - 1:16pm | 765Nike Inc (NYSE: NKE) shares traded higher by 10% on Wednesday in a down day for stocks after the company reported a huge surge in online sales in the fiscal first quarter and said trends in China are improving. On Tuesday afternoon, Nike reported first-quarter EPS of 95 cents on revenue of $10.59...
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Why BTIG Is Upgrading VF Corp As Retailer Enters Fall Season
Tuesday, September 15, 2020 - 3:33pm | 252VF Corp (NYSE: VFC) has made significant progress in addressing excess inventory issues, and there are catalysts ahead that could cause demand trends to improve heading into the fall and winter season, according to BTIG. The VF Corp Analyst: Camilo Lyon upgraded VF Corp from Neutral to Buy and...
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Why Lululemon's Mirror Purchase Could Add $2 In EPS Power
Tuesday, July 14, 2020 - 3:15pm | 369Lululemon Athletica's (NASDAQ: LULU) acquisition of Mirror could add $2 in aggregate earning power over the next five years. That's according to BTIG analyst Camilo Lyon, who reiterated a Buy rating on the stock and raised the price target from $345 to $355. Lululemon Acquiring...
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Buy Nike, Sell Under Armour: A Dozen Consumer Lifestyle Brand Calls From BTIG
Wednesday, April 29, 2020 - 3:10pm | 623An already struggling U.S. retail sector has been devastated by the coronavirus (COVID-19) shutdown. BTIG initiated coverage of 12 consumer lifestyle brands and named its top stock picks in the new era of retail. The Analyst BTIG analyst Camilo Lyon initiated coverage on the following 12 stocks:...
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Should Investors Buy The Dip In Canada Goose?
Thursday, May 30, 2019 - 3:06pm | 618Canada Goose Holdings Inc (NYSE: GOOS) reported Wednesday fiscal fourth-quarter results, which prompted a 30-percent plunge in the stock. Should investors be buyers of the dip? The Street debates what's next for the Canada-based company. The Analysts Wells Fargo's Ike Boruchow maintains a...
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Wall Street Stays Neutral On Dicks Sporting Goods Amid Potential Exit From Hunting Category
Thursday, May 30, 2019 - 2:18pm | 574Dicks Sporting Goods Inc (NYSE: DKS) shares fell Wednesday and were volatile Thursday after the retailer reported a first-quarter beat. Here's what the sell-side had to say. Canaccord Genuity The first-quarter print was a mixed bag, and the higher guidance is mostly buyback-...
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Wall Street Raves About Lululemon's Analyst Day
Saturday, April 27, 2019 - 11:39am | 803Lululemon Athletica, inc. (NASDAQ: LULU) hosted its analyst day this week, and it brought big announcements from an apparel company that has gained a lot of momentum in recent months. Arguably, the biggest revelation was the announcement that Lululemon is entering the footwear business. Here...