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Shareholder Lawsuit Challenges Tilray's Voting Tactics For Authorized Share Increase
Friday, November 15, 2024 - 2:30pm | 452Tilray Brands Inc. (NASDAQ:TLRY) faces a new shareholder lawsuit accusing the Canadian cannabis company of misleading voting practices for a second consecutive year. The legal complaint, filed on October 31, 2024 in the Delaware Court of Chancery, alleges that Tilray misled investors regarding the...
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Tilray, Trulieve And Other Cannabis Stocks Nosediving As Industry Faces New Wave Of Political Uncertainty
Wednesday, November 6, 2024 - 1:52pm | 922The cannabis market is experiencing a rough patch after election day, with many top U.S. and Canadian cannabis stocks under pressure following Donald Trump‘s victory, the prospect of a GOP-controlled Senate and Florida’s rejection of Amendment 3 that would have legalized cannabis. As of...
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Budget-Friendly High-THC Beverages: The Untapped Niche Investors Can't Afford To Miss
Thursday, August 15, 2024 - 1:03pm | 788While most cannabis beverages currently on the market offer lower THC content, typically in 5mg or 10mg doses, the demand for more potent options could carve out a lucrative segment. Brendan Mitchel-Chesebro, senior analyst at BDSA, noted that while beverages generally have a lower retail price...
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Tony Stark's Choice Vape? Synergy Innovation's Strategic Move To Restore Brands' Identity, Lead Market Niche
Wednesday, August 14, 2024 - 11:00am | 1062Synergy Innovation, recently launched as a house of brands, is making waves in the cannabis accessories sector with its acquisition of DaVinci and Eyce. This new venture marks a significant return to original ownership for these brands. Shauntel Ludwig, CEO of Synergy Innovation, discussed the...
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Cannabis Rescheduling Likely 'In The Next 12 Months,' Says MariMed CEO As Company Invests In Key Markets
Monday, August 12, 2024 - 7:19pm | 753Senior analyst Pablo Zuanic hosted a fireside chat Monday evening with Jon Levine, CEO of MariMed Inc. (OTC: MRMD) who outlined the company's operations, growth strategies and financial outlook. The discussion provided insights into MariMed's performance in key...
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Jushi Holdings Slashes Net Loss, Adds 300+ Weed Products And Refinances Facility Debt All In Q2 2024
Wednesday, August 7, 2024 - 7:32pm | 716Jushi Holdings Inc. (OTC: JUSHF) has announced its financial results for the second quarter ended June 30, 2024, showcasing significant operational improvements and strategic developments. The company reported a net loss of $1.9 million, a considerable improvement from a $14.0 million loss in Q2...
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Summer Sizzles With THC-Infused Beverages: Market Report Reveals Top-Selling Weed Drinks In U.S.
Wednesday, August 7, 2024 - 11:36am | 606Cannabis market research firm BDSA published a report on the cannabis beverages market, detailing significant growth and trends in 2024. According to the late July report, the cannabis beverages category saw retail sales totaling $54 million across BDSA-tracked markets in Q2 2024, marking an 8...
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The King Of Ohio's Recreational Cannabis Market? Here's Why Investors Should Follow This Weed Stock
Monday, August 5, 2024 - 7:52pm | 708As Ohio begins recreational cannabis sales on August 6, Pablo Zuanic, senior analyst at Zuanic & Associates has initiated coverage of Vext Science (OTC: VEXTF) with an Overweight rating, highlighting the company's significant growth potential. Zuanic calculates that Vext has the...
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Out Of Pocket: Which U.S. Cannabis Company Owes The Most Money In 2024?
Friday, August 2, 2024 - 11:17am | 801In a recent report, Pablo Zuanic, senior analyst at Zuanic & Associates, analyzes the debt maturities of over 20 multi-state operators (MSOs) in the cannabis industry. This comprehensive review follows Ascend Wellness's significant $200 million debt refinancing. Ascend Wellness Holdings (...
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Cannabis In The Deep South: This Mississippi Company Delivers More Bud For The Buck To Medical Marijuana Patients
Thursday, August 1, 2024 - 8:45am | 1387Mississippi's medical cannabis market is one of the newest in the U.S. presenting unique challenges and opportunities. Alec Pagliaro, chief revenue officer of Southern Crop, provides insight into the dynamics of this emerging market including types of consumers, setting up operations,...
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Cannabis Stocks React To Biden Announcement: Monday's Closing Market Moves
Monday, July 22, 2024 - 6:12pm | 667The cannabis sector witnessed significant movement today, with varied performances across key stocks and ETFs following President Joe Biden’s Sunday announcement that he will not seek re-election. The news created ripples in the market, reflecting investor sentiment and...
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Cannabis Moisture Can Affect Your Wallet: Government Agency Steps In To Regulate
Thursday, July 18, 2024 - 10:17am | 459Cannabis products are subject to strict regulations to ensure consumers get what they pay for. One crucial aspect often overlooked is moisture content. Cannabis, like many other agricultural products, can lose or gain moisture, impacting its weight and, ultimately, the consumer's wallet. The...
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These Two Cannabis Stocks Face Setback Following Pennsylvania Budget Approval: What You Need To Know
Monday, July 15, 2024 - 10:06pm | 1110Pennsylvania's recent budget approval excludes the legalization of recreational cannabis, marking a significant setback for cannabis companies like Jushi Holdings (OTC: JUSHF) and TILT Holdings (OTC: TILT). Governor Josh Shapiro, who had championed the cause, faced opposition from a divided...
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Cannabis Concentrates Brands With Strong Growth: Acquisition Targets Amid Industry Consolidation
Saturday, July 13, 2024 - 9:51am | 968Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability. Cannabis concentrates offer a way to premiumize offerings and improve margins in this...
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IM Cannabis Shares Surge 586% After 6:1 Consolidation: What Investors Need To Know
Friday, July 12, 2024 - 2:47pm | 459IM Cannabis Corp. (NASDAQ: IMCC), a leading medical marijuana company announced that its common shares are trading on a 6:1 post-consolidated basis. This significant change follows the company’s strategic decision to reduce its outstanding shares, potentially making the stock more...